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Current Attempt in Progress Wise Photography reported net income of $116,900 for 2020. Included in the income statement were depreciation expense of $4,000 amortization expense

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Current Attempt in Progress Wise Photography reported net income of $116,900 for 2020. Included in the income statement were depreciation expense of $4,000 amortization expense of $3,100, and a gain on disposal of plant assets of $4,000. Wise's comparative balance sheets show the following balances. 12/31/19 12/31/20 Accounts receivable $27.900 $21,600 Accounts payable 6,400 9,400 Calculate net cash provided by operating activities for Wise Photography. (Show amounts that decrease cash flow with either a signes -15,000 or in parenthesis es: (15,000).) Wise Photography Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income 116900 Adjustments to reconcile net income to Depreciation Expense Wise Photography Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income $ 116900 Adjustments to reconcile net income to Depreciation Expense Amortization Expense Gain on Disposal of Plant Assets V Decrease in Accounts Receivable V Increase in Accounts Payable Net Cash Provided by Operating Activities

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