Question

Wise Photography reported net income of $130,000 for 2014. Included in the income statement were depreciation expense of $6,000, amortization expense of $2,000, and a gain on disposal of equipment of $3,600. Wise’s comparative balance sheets show the following balances.


Calculate net cash provided by operating activities for WisePhotography.


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  • CreatedJanuary 30, 2014
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