Business, 15.08.2020 17:01, spellsaltoniza

A company had net income of $930,000 in 2016. Depreciation expense is $104,000. During the year, Accounts Receivable and Inventory increased $60,000 and $160,000, respectively. Prepaid Expenses and Accounts Payable decreased $8,000 and $16,000, respectively. There was also a loss on the sale of equipment of $12,000. How much cash was provided by operating activities in 2016

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A company had net income of $930,000 in 2016. Depreciation expense is $104,000. During the year, Acc...