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Blue Spruce Corp.'s net income for the current year was $557000. Depreciation was $72000. Accounts receivable and inventories decreased by $23000 and $37000, respectively. Prepaid
Blue Spruce Corp.'s net income for the current year was $557000. Depreciation was $72000. Accounts receivable and inventories decreased by $23000 and $37000, respectively. Prepaid expenses and salaries payable increased, respectively, by $2000 and $19000. Equipment was sold at a gain of $9000. How much cash was provided by operating activities?
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