net income of $12,000 for the current year. During the year, Inventory decreased by $7,800, Accounts Payable decreased by $8,400, Depreciation Expense was $10,800, gain on the sale of a piece of equipment was $400 and Accounts Receivable increased by $6,900. If the indirect method is used to calculating the operating section on the Statement of Cash Flows, what is the net cash provided (used) by operating activities?