Question: Hi, I need help calculating the Net Cash provided by Operating Activity Value ? I am not sure How to do it and I am


Hi, I need help calculating the Net Cash provided by Operating Activity Value? I am not sure How to do it and I am on my last attempt for an open help HW assignment. If you can show a step by step process of how to get this number so I can learn that would help! I will like ur answers!
Question 1 of 1 Question 1 of 1 4.86/10 Additional data: 1. Dividends declared and paid were $20,800. 2. During the year, equipment was sold for $9,800 cash. This equipment cost $17,400 originally and had a book value of $9,800 at the time of sale. 3. All depreciation expense, $14,400, is in the operating expenses. 4. All sales and purchases are on account. Question 1 of 1 4.86/10 Kingbird, Inc. Statement of Cash Flows For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income $29500 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ Increase in Accounts Receivable 13000 Increase in Inventory 10500 Increase in Accounts Payable 11100 Decrease in Income Taxes Payable 1100 Net Cash Provided by Operating Activities
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