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  3. novak beverage company reported the following item

Novak Beverage Company reported the following items in the most recent year. Net income $...

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Accounting

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Novak Beverage Company reported the following items in the most recent year. Net income $ 47,800 Dividends paid 5,570 Increase in accounts receivable 11,170 Increase in accounts payable 7,230 Purchase of equipment (capital expenditure) 8,890 Depreciation expense 4,230 Issue of notes payable 23,790 Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) NOVAK BEVERAGE COMPANY Statement of Cash Flows

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