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The Corporation had net income for the year of $3,000,000. Additional Information is as follows: Depreciation of plant assets $1,200,000 Amortization of intangibles 240,000

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The Corporation had net income for the year of $3,000,000. Additional Information is as follows: Depreciation of plant assets $1,200,000 Amortization of intangibles 240,000 Increase in accounts receivable 420,000 Increase in accounts payable 540,000 Gain on sale of equipment 100,000 Net cash provided by operating activities was

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