Net income was $55,500; accounts receivable decreased by $14,250; inventory increased by $7,350; proceeds from the issuance of long-term debt were $18,300; accounts payable decreased by $4,850; equipment purchases were $60,500; depreciation and amortization expense was $24,200. (Amounts to be deducted should be indicated with a minus sign.) Required: Calculate the net cash provided (used) by operating activities for the period. $ Cash Flows from Operating Activities Net income Depreciation and amortization expense Accounts receivable decrease Inventory increase Accounts payable decrease 55,500 24,200 14,250