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furrent Attempt in Progress Lily Company completed its first year of operations on December...

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Accounting

furrent Attempt in Progress
Lily Company completed its first year of operations on December 31,2022. Its initial income statement showed that Lily had sales revenue of $193,900 and operating expenses of $80,800. Accounts receivable and accounts payable at year-end were $65,600 and $16,400, respectively. Assume that accounts payable related to operating expenses. Ignore income taxes.
Compute net cash provided by operating activities using the direct method. (Show amounts that decrease cash flow with either a- sign es.-15,000 or in parenthesis eg.(15,000))
Net cash provided by operating activities
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