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Maine Company reported net income of $580,000 for the year ended 12/31/21. Included in the computation of net income were: depreciation expense, $82,000; amortization of
Maine Company reported net income of $580,000 for the year ended 12/31/21. Included in the computation of net income were: depreciation expense, $82,000; amortization of a patent, $55,000; income from an investment in common stock of Blue Inc., accounted for under the equity method, $72,000; and amortization of a bond discount, $15,000. Maine paid a $104,000 dividend during the year. The net cash provided by operating activities would be reported at________
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