Problem #$4$

Pava & Co$,$ reported net income at December $31,2019$ of $$650,000.$ Depreciation for the year was

$$18,000,$ accounts receivable increased by $$6,000,$ and accounts payable increased by $$17,000.$

In addition, the company had a loss on the sale of an asset in the amount of $$4,000.$

Compute net cash provided by operating activities using the indirect method.