The data given below are from the accounting records of Kahn Company: Net income (accrual basis) Depreciation expense Decrease in accounts payable Decrease in merchandise inventory Increase in long-term liabilities Sale of capital stock for cash Increase in accounts receivable $45,000 9,000 2,500 3,000 10,000 30,000 4,500 Based on this information, the cash provided by operating activities using the indirect method would be:

The data given below are from the accounting records of Kahn Company: Based on this information, the cash provided by operating activities using the indirect method would be