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Net income was $75,700, accounts receivable decreased by $18,500; inventory increased by $7,900, proceeds from the issuance of long-term debt were $24,550, accounts payable decreased
Net income was $75,700, accounts receivable decreased by $18,500; inventory increased by $7,900, proceeds from the issuance of long-term debt were $24,550, accounts payable decreased by $6,300, equipment purchases were $80,500, depreciation and amortization expense was $32,200. (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
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