Compute CD ?'s net cash provided by? (used for) operating activities during July 2016 . Use the indirect method.

The accounting records of CD ?Sales, Inc. include the following? accounts:

Ending Balance Account Cash Accounts Receivable Merchandise Inventory Accounts Payable Beginning Balance $5,500 19,000 22,000 13,500 $2,500 13,500 42,000 18,000 Accumulated Depreciation- Equipment Retained Earnings 51,000 Jul. 1 67,000 Jul. 1 2,000 Depr. Exp Dividends 15,000 65,000 Net Inc. 53,000 Jul. 31 17,000 Jul. 31