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During the current year, Acme Company reported net income of $ 3 6 , 0 0 0 and paid cash dividends of $ 1 9

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During the current year, Acme Company reported net income of $36,000 and paid cash
dividends of $19,000. Here are data regarding changes in Acme's balance sheet accounts
during the year:
Acme sold some old equipment at a gain of $2,000. On the sale date, there was $5,000 of
accumulated depreciation on the old machinery. What is the net cash provided by operating
activities for the year?
$49,600
$42,500
$47,500
$51,700
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