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Cheyenne Photography reported net income of $100,000 for 2022. Included in the income statement were depreciation expense of $6,600, patent amortization expense of $4,100,
Cheyenne Photography reported net income of $100,000 for 2022. Included in the income statement were depreciation expense of $6,600, patent amortization expense of $4,100, and a gain on disposal of plant assets of $3,900. Cheyenne's comparative balance sheets show the following balances. 12/31/22 12/31/21 Accounts receivable $20,100 $27,500 Accounts payable 9,700 6,000 Calculate net cash provided by operating activities for Cheyenne Photography. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cheyenne Photography Statement of Cash Flows Adjustments to reconcile net income to
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