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Oriole Company completed its first year of operations on December 3 1 , 2 0 2 2 . Its initial income statement showed that Oriole

Oriole Company completed its first year of operations on December 31,2022. Its initial income statement showed that Oriole had sales revenue of $194,300 and operating expenses of $70,600. Accounts receivable and accounts payable at year-end were $50,300 and $19,000, respectively. Assume that accounts payable related to operating expenses. Ignore income taxes.
Compute net cash provided by operating activities using the direct method. (Show amounts that decrease cash flow with either a- sign e.g.-15,000 or in parenthesis e..(15,000).)
Net cash provided by operating activities $
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