Mini-Exercise 9-6 (Algo) Calculate cash flows from operations-indirect method LO 9-10 Net income was $50,500; accounts recelvable increased by $13,250; inventory decreased by $7,550; proceeds from the issuance of common stock were $16,850; accounts payable decreased by $4,550; purchase of land was $56,000; depreciation and amortization expense was $22,400. Required: Calculate the net cash provided (used) by operating activities for the period. Note: Amounts to be deducted should be indicated with a minus sign