The Meta company uses indirect method for preparing its statement of cash flows. It reported a profit of $250,000 for the year 2018.

During the year 2016, the working capital accounts were changed as follows: Decrease in accounts receivable: $45,000

Decrease in accounts payable: $36,600 Increase in inventory: $56,800

The depreciation expense was $66,000 for the year 2018.

Compute net cash provided (used) by operating activities using indirect method?