Question: GDM Equipment, Inc. reported the following data for 2016: Income Statement: Net Income..........$ 44,000 Depreciation Expense...... 9,000 Balance Sheet: Increase in Accounts Receivable.. 9,000 Decrease

GDM Equipment, Inc. reported the following data for 2016:
Income Statement:
Net Income..........$ 44,000
Depreciation Expense...... 9,000
Balance Sheet:
Increase in Accounts Receivable.. 9,000
Decrease in Accounts Payable... 4,000
Compute GDM’s net cash provided by operating activities indirect method.

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