Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its

statement of cash flows. Its balance sheet for this year is as follows:

During the year, Ravenna paid a $$13,200$ cash dividend and it sold a piece of equipment for $$6,600$ that had originally cost

$$15,600$ and had accumulated depreciation of $$10,400.$ The company did not retire any bonds or repurchase any of its

own common stock during the year.

What is the amount of net cash provided by $($used in$)$ operating activities in the company's statement of cash flows?