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The net income for Pharoah Company for 2022 was $325,900. For 2022, depreciation on plant assets was $65,900, and the company incurred a loss on
The net income for Pharoah Company for 2022 was $325,900. For 2022, depreciation on plant assets was $65,900, and the company incurred a loss on disposal of plant assets of $28,400. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the companys accounts. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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