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Marin Beverage Company reported the following items in the most recent year. Net income $43,000 Dividends paid 5,650 Increase in accounts receivable 10,850 Increase in
Marin Beverage Company reported the following items in the most recent year.
Net income | $43,000 | |
Dividends paid | 5,650 | |
Increase in accounts receivable | 10,850 | |
Increase in accounts payable | 7,220 | |
Purchase of equipment (capital expenditure) | 8,930 | |
Depreciation expense | 4,220 | |
Issue of notes payable | 24,120 |
Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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