Question
Wildhorse Photography reported net income of $105,000 for 2022. Included in the income statement were depreciation expense of $6,500, patent amortization expense of $4,300, and
Wildhorse Photography reported net income of $105,000 for 2022. Included in the income statement were depreciation expense of $6,500, patent amortization expense of $4,300, and a gain on disposal of plant assets of $3,300. Wildhorse's comparative balance sheets show the following balances. 12/31/22 12/31/21 Accounts receivable $20,500 $28,800 Accounts payable 9,700 6,600 Calculate net cash provided by operating activities for Wildhorse Photography. (Show amounts that decrease cash flow with either a- sign eg.-15,000 or in parenthesis eg. (15,000)) Wildhorse Photography Statement of Cash Flows Adjustments to reconcile net income to v Calculate net cash provided by operating activities for Wildhorse Photography. (Show amounts that decrease cash flow with either a sign eg-15,000 or in parenthesis eg (15,000)) Wildhorse Photography Statement of Cash Flows Adjustments to reconcile net income to
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