Current Attempt in Progress

Novak Corporation's statement of financial position as at December $31,2023,$ showed the following amounts: Cash $$140$; Accounts Receivable $$610$; Land $$1,050$; Accounts Payable $$430$; Bonds Payable $$470$; Common Shares $$400$; and Retained Earnings $$500.$

Novak's statement of financial position as at December $31,2022,$ showed the following amounts: Cash $$170$; Accounts Receivable $$420$; Land $$750$; Accounts Payable $$680$; Common Shares $$400$; and Retained Earnings $$260.$ Assume that no dividends were declared or paid in $2023.$

Calculate the net cash provided $($used$)$ by operating activities for the year ended December $31,2023,$ using the indirect method.

$($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

Net cash

v operating activities

$

$]$