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RL Photography reported net income of $321,100 for 2014. Included in the income statement were depreciation expense of $20,229, patent amortization expense of $12,844, and
RL Photography reported net income of $321,100 for 2014. Included in the income statement were depreciation expense of $20,229, patent amortization expense of $12,844, and a gain on disposal of plant assets of $11,560. RL's comparative balance sheets show the following balances. 12/31/14 12/31/13 Accounts receivable $67,431 $86,697 Accounts payable 29,541 19,266 Calculate net cash provided by operating activities for RL Photography.
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