The comparative statement of financial position for Cullumber Corporation shows the following noncash current asset and liability accounts at March 31 : Cullumber's statement of income reported the following selected information for the year ended March 31, 2024: sales were $880,000, cost of goods sold was $470,000, other operating expenses were $227,000 (which included depreciation expense of $20,000 ), salaries expense was $52,500, and income tax expense was $15,000. Calculate net cash provided (used) by operating activities using the direct method. CULLUMBER CORPORATION Statement of Cash Flows (Partial) For the Year Ended March 31,2024 Cash Flows from Operating Activities Cosh Reccipts from Customers $ 861200 Cash payments For Other Operating Expenses $ For Income Tax Tosuppliers To Employees Ner Cinh Provided by Operating Activities : $ eTextbook and Media Sive for Later Attemntsinlimited