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Stellar Beverage Company reported the following items in the most recent year. Net income Dividends paid $46,300 5,200 Increase in accounts receivable 12,760 Increase
Stellar Beverage Company reported the following items in the most recent year. Net income Dividends paid $46,300 5,200 Increase in accounts receivable 12,760 Increase in accounts payable 8,220 Purchase of equipment (capital expenditure) 9.590 Depreciation expense 5,220 Issue of notes payable 24,490 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a sign eg.-15,000 or in parenthesis e.g. (15,000).)
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