BE17.4 (LO 2) Telfer, Inc. reported net income of $2.8 million in 2020. Depreciation for the year was $160,000, accounts receivable decreased $350,000, and accounts payable decreased $280,000. Compute net cash provided by operating activities using the indirect method. BE17.5 (LO 2) The net income for Metz Co. for 2020 was $280,000. For 2020, depreciation on plant assets was $70,000, and the company incurred a loss on disposal of plant assets of $12,000. Compute net cash provided by operating activities under the indirect method, assuming there were no other relevant changes in the company's accounts.