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Concord Corporation reported a net loss of $9600 for the year ended December 31, 2022. During the year, accounts receivable decreased $22400, inventory increased

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Concord Corporation reported a net loss of $9600 for the year ended December 31, 2022. During the year, accounts receivable decreased $22400, inventory increased $16000, accounts payable increased by $24000, and depreciation expense of $19200 was recorded. During 2022, operating activities used net cash of $11200. provided net cash of $59200. provided net cash of $40000. used net cash of $40000.

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