Cullumber Photography reported net income of $92,000 for 2022. Included in the income statement were depreciation expense of $5,800, patent amortization expense of $3,900, and a gain on disposal of plant assets of $3,800. Cullumber's comparative balance sheets show the following balances. 12/31/22 12/31/21 Accounts receivable $19,000 $28,500 Accounts payable 9,200 5,400 Calculate net cash provided by operating activities for Cullumber Photography. (Show amounts that decrease cash flow with either a- eg.-15,000 or in parenthesis eg. (15,000).)

Cullumber Photography reported net income of $92,000 for 2022. Included in the income statement were depreciation expense of $5,800, patent amortization expense of $3,900, and a gain on disposal of plant assets of $3,800. Cullumber's comparative balance sheets show the following balances. 12/31/22 12/31/21 Accounts receivable $19,000 $28,500 Accounts payable 9,200 5,400 Calculate net cash provided by operating activities for Cullumber Photography. (Show amounts that decrease cash flow with either a- eg.-15,000 or in parenthesis eg. (15,000).)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please help me with show all calculation thanku