Chapter $16$ Exam Part II

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A company reports net income of $$55,400,$ which included depreciation expense of $$46,300$; amortization expense of $$24,600$; and a loss from sale of equipment of $$15,300.$ Its comparative balance sheet shows the following changes: accounts receivable increased $$34,600$; inventory decreased $$15,300$; prepaid insurance decreased $$10,300$; and accounts payable increased $$14,800.$

Compute net cash provided by operating activities using the indirect method.

$00$:$59$:$39$

$\backslash$table$[[$Cash Flows from Operating Activities $($Indirect$),],[$Adjustments to reconcile net income to net cash provided by operating activities,$],[$Income statement items not affecting cash,$],[,],[,],[,],[$Changes in current assets and liabilities,$],[,],[,]]$