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Take me to the text TC Hotel's net income for the year ended August 31, 2020 was $124,000. Additional data for the year is
Take me to the text TC Hotel's net income for the year ended August 31, 2020 was $124,000. Additional data for the year is provided below. Purchase of property and equipment $251,000 Depreciation of property and equipment $19,200 Dividends declared Increase in food inventory Loss on sale of equipment $44,000 $25,000 $20,000 $18,700 Issue of common shares Calculate the net cash provided (used) by operating activities using the indirect method. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Increase or decrease in cash from operating activities = $
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