Problem #4 Pava & Co, reported net income at December 31,2019 of $650,000....

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Accounting

Problem #4
Pava & Co, reported net income at December 31,2019 of $650,000. Depreciation for the year was
$18,000, accounts receivable increased by $6,000, and accounts payable increased by $17,000.
In addition, the company had a loss on the sale of an asset in the amount of $4,000.
Compute net cash provided by operating activities using the indirect method.
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