Muniz Photography SA reported net income of R$100,000 for 2020. Included in the income statement were depreciation

Question:

Muniz Photography SA reported net income of R$100,000 for 2020. Included in the income statement were depreciation expense of R$4,000, amortization expense of R$3,000, and a gain on disposal of plant assets of R$3,900. Muniz’s comparative statements of financial position show the following balances.

12/31/19 12/31/20 Accounts receivable Accounts payable R$27,000 R$21,000 6,000 9,200 Calculate net cash provided by operating activities for Muniz Photography SA.