Sage Hill Photography reported net income of $111,000 for 2022. Included in the income statement were depreciation expense of $7,400, patent amortization expense of $5,100, and a gain on disposal of plant assets of $3,700. Sage Hill Photography's comparative balance sheets show the following balances.

		12/31/22		12/31/21
Accounts receivable		$23,200		$29,200
Accounts payable		10,200		7,100

Calculate net cash provided by operating activities for Sage Hill Photography. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Sage Hill Photography Statement of Cash Flows choose the accounting period December 31, 2022For the Year Ended December 31, 2022For the Quarter Ended December 31, 2022
select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Accounts PayableDecrease in Accounts ReceivableDepreciation ExpenseGain on Disposal of Plant AssetsIncrease in Accounts PayableIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsNet IncomePatent Amortization Expense		$enter a dollar amount
Adjustments to reconcile net income to
select a subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash:
select an item Decrease in Accounts PayableDecrease in Accounts ReceivableDepreciation ExpenseGain on Disposal of Plant AssetsIncrease in Accounts PayableIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsNet IncomePatent Amortization Expense	$enter a dollar amount
select an item Decrease in Accounts PayableDecrease in Accounts ReceivableDepreciation ExpenseGain on Disposal of Plant AssetsIncrease in Accounts PayableIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsNet IncomePatent Amortization Expense	enter a dollar amount
select an item Decrease in Accounts PayableDecrease in Accounts ReceivableDepreciation ExpenseGain on Disposal of Plant AssetsIncrease in Accounts PayableIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsNet IncomePatent Amortization Expense	enter a dollar amount
select an item Decrease in Accounts PayableDecrease in Accounts ReceivableDepreciation ExpenseGain on Disposal of Plant AssetsIncrease in Accounts PayableIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsNet IncomePatent Amortization Expense	enter a dollar amount
select an item Decrease in Accounts PayableDecrease in Accounts ReceivableDepreciation ExpenseGain on Disposal of Plant AssetsIncrease in Accounts PayableIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsNet IncomePatent Amortization Expense	enter a dollar amount
		enter a total amount for this subsection
select a closing section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		$enter a total amount for this section