Monty Beverage Company reported the following items in the most recent year.

Net Income $46,800

Dividends paid $6,890

Increase in accounts receivable $12,390

Increase in accounts payable $8,090

Purchase of equipment (capital expenditure) $9,020

Depreciation expense $5,090

Issue of notes payable $24,440

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).)

MONTY BEVERAGE COMPANY Statement of Cash Flows $ $