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The following comparative information is available for Culver Corporation for 2022. LIFO FIFO Sales revenue $94,000 $94,000 Cost of goods sold 38,000 32,800 Operating expenses

The following comparative information is available for Culver Corporation for 2022.

LIFO

FIFO

Sales revenue

$94,000 $94,000

Cost of goods sold

38,000 32,800

Operating expenses (including depreciation)

28,000 28,000

Depreciation

9,000 9,000

Cash paid for inventory purchases

13,680 13,680

Assume a 30% tax rate.

Determine net cash provided by operating activities under each approach. Assume that all sales were on a cash basis and that income taxes and operating expenses, other than depreciation, were on a cash basis.

LIFO

FIFO

Net cash provided by operating activities

$ $

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