Use Aplec Corp's income statement and balance sheet information to calculate the net cash provided by operating activities, using the: (a) Direct Method (b) Indirect Method

Aplec Corp. Income Statement For the Year Ended December 31, 2022
Sales (all on credit)		$70,000
Cost of goods sold		22,000
Gross profit from sales		48,000
Depreciation expense	1,400
Salaries and wages	10,500
Rent expense	2,200
Interest expense	680	14,780
Operating income		33,220
Gain on sale of equipment		4,000
Profit		37,220
Aplec Corp. Balance Sheet December 31,
	2022	2021
Cash	142,200	56,980
Accounts receivable	4,600	1,000
Merchandise inventory	11,200	14,200
Long-term investments	101,000	112,800
Equipment	254,000	200,000
Accumulated depreciation, equipment	39,756	28,356
	473,244	356,624
Accounts payable	6,000	6,800
Salaries and wages payable	1,400	1,200
Bonds Payable	49,000	63,000
Common shares	196,000	100,000
Retained earnings	220,844	185,624
	473,244	356,624