A company's income statement showed the following: net income, $290,762; depreciation expense, $28,088; and gain...
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Accounting
A company's income statement showed the following: net income, $290,762; depreciation expense, $28,088; and gain on sale of plant assets, $19,731. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $8,838; merchandise inventory increased $18,786; prepaid expenses decreased $9,480; accounts payable increased $3,157. Calculate the net cash provided or used by operating activities. Answer to nearest whole dollar without any commas, decimal points, or words (e.g. 1000 not 1,000.00 or increase 1000). Enter a negative number as -10 not (10).
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