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 $191,500 and operating expenses of $87,600. Accounts receivable and accounts payable 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).) year-end were $55,200 and $28,700, respectively. Assume that accounts payable related to operating expenses. Ignore income taxes. Net cash provided by operating activities Click if you would like to Show Work for this question: Open Show Work