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RL Photography reported net income of $170,200 for 2014. Included in the income statement were depreciation expense of $10,723, patent amortization expense of $6,808, and
RL Photography reported net income of $170,200 for 2014. Included in the income statement were depreciation expense of $10,723, patent amortization expense of $6,808, and a gain on disposal of plant assets of $6,127. RL?s comparative balance sheets show the following balances. Calculate net cash provided by operating activities for RL Photography. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or n parenthesis e.g. (15,000).)
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