Preparing the Cash Flow from Operating Activities Section

Sarasota Corp. reported net income of $100,000, which included depreciation expense of $13,000. It also reported an increase in accounts receivable and salaries payable of $7,000 and $4,000, respectively. Further, it reported a decrease in inventory of $14,000 and a decrease in accounts payable of $9,600.

Calculate its net cash provided by operating activities. $Answer