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Brief Exercise 23-10 Carla Corporation reported net income of $50,700 in 2017. Depreciation expense was $17,900. The following working capital accounts changed. Accounts receivable Available-for-sale
Brief Exercise 23-10 Carla Corporation reported net income of $50,700 in 2017. Depreciation expense was $17,900. The following working capital accounts changed. Accounts receivable Available-for-sale debt securities 17,100 increase Inventory Nontrade note payable Accounts payable $12,000 increase 7,200 increase 15,400 decrease 13,600 increase Compute net cash provided by operating activities. (Show amounts that decrease cash flow with either a sign e.g.-15,000 or in parenthesis e.g. (15,000).) Carla Corporation Statement of Cash Flows (Partial) Adjustments to reconcile net income to
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