Crane CorCrane Corporation reported the following information for the year ended December 31: Balance sheet accounts: 2024 2023 Income statement accounts: 2024 Accounts receivable $69,700 49,200 $20,500 Sales $307,500 Inventory 50,840 45,100 $5,740 Gain on sale of land 12,300 Prepaid expenses 4,100 7,380 ($3,280) Cost of goods sold 123,000 Accounts payable 28,700 34,440 ($5,740) Operating expenses 61,500 Income tax payable 11,480 7,380 $4,100 Depreciation expense 16,400 Income tax expense 41,000 Calculate the net cash provided (used) by operating activities using the direct method. Net cash Used by operating activitiesporation reported the following information for the year ended December 31: Balance sheet accounts: 2024 2023 Income statement accounts: 2024 Accounts receivable $69,700 49,200 $20,500 Sales $307,500 Inventory 50,840 45,100 $5,740 Gain on sale of land 12,300 Prepaid expenses 4,100 7,380 ($3,280) Cost of goods sold 123,000 Accounts payable 28,700 34,440 ($5,740) Operating expenses 61,500 Income tax payable 11,480 7,380 $4,100 Depreciation expense 16,400 Income tax expense 41,000 Calculate the net cash provided (used) by operating activities using the direct method. Net cash Used by operating activities