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help Pumpkin Incorporated had net income for 2023 of $329,000. Included on the income statement was a loss on sale of equipment of $4,500 a
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Pumpkin Incorporated had net income for 2023 of $329,000. Included on the income statement was a loss on sale of equipment of $4,500 a gain on sale of investments of $15,600, depreciation of $7,200, loss on retirement of debt of $9,500, and interest of $3,300. Calculate the net cash provided (used) by operating activities using the indirect method. Assume that the balances of current assets (except cash) and current liabilities remain the same as last year. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Net cash provided (used) by operating activities =15Step by Step Solution
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