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The following information relates to the Walnut Company for 2019: Gain on sale of land $ 800 Bond payable premium amortization 300 Decrease in accounts

The following information relates to the Walnut Company for 2019:

Gain on sale of land

$ 800

Bond payable premium amortization

300

Decrease in accounts payable

700

Increase in prepaid expenses

100

Net income

9,400

Purchased equipment

15,000

Increase in salaries payable

400

Proceeds from sale of land

7,000

Decrease in inventories

2,100

Payment of dividends

1,600

Depreciation expense

1,000

Required: Compute net cash provided by operating activities for the Walnut Company for 2019.

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