The accounting records of DVD Sales, Inc. include the following accounts: Compute DVDs net cash provided by

The accounting records of DVD Sales, Inc. include the following accounts:

Compute DVD’s net cash provided by (used for) operating activities during July 2015. Use the indirectmethod.

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Beginning Balance Ending Balance Account Cash Accounts Receivable Merchandise Inventory Accounts Payable 5,500 21,000 22,000 14,500 3,000 17,000 25,500 19,500 Accumulated Depreciation- 55,000 Jul. 1 58,000 Jul. 31 Equipment Retained Earnings 65,000 Jul. 1 3,000 Depr. Exp Dividends 19,0005,000 Net Ind. 11,000 Jul. 31