Exercise 17-11 Macgregor Company completed its first year of operations on December 31, 2020. Its initial income statement showed that Macgregor had revenues of $190,600 and operating expenses of $77,700. Accounts receivable and accounts payable at year-end were $52,300 and $26,500, respectively. Assume that accounts payable related to operating expenses. Ignore income taxes. Compute net cash provided by operating activities using the direct method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15, 000).) Net cash provided by operating activities Click if you would like to Show Work for this question: Open Show Work