The comparative statement of financial position for Cullumber Corporation shows the following noncash current asset and liability accounts at March 31 : Cullumber's income statement reported the following selected information for the year ended March 31, 2018: net income was $280,000, depreciation expense was $60,000, and a loss on the disposal of land was $18,000. Cullumber uses a perpetual inventory system. Calculate net cash provided (used) by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. 15,000 or in parenthesis eg (15,000)