KLT Equipment, Inc. reported the following data for $2024.$

$($Click the icon to view the data.$)$

Compute KLT$\text{'}$s net cash provided by operating activities$-$indirect method.

Complete the partial Statement of Cash Flows. $($Use a minus sign or parentheses for amounts that result in a decrease in cash.$)$

KLT Equipment, Inc.

Statement of Cash Flows $($Partial$)$

Year Ended December $31,2024$

Cash Flows from Operating Activities:

Net Income

Data table

Adjustments to Reconcile Net Income to

Net Cash Provided by Operating Activities:

Depreciation Expense

$$.8,000$

Increase in Accounts Receivable

$(6,500)$

$ $47,000$

Decrease in Accounts Payable

$(4,500)$

Income Statement:

Net Income

$ $47,000$

Depreciation Expense

$8,000$

Balance Sheet:

Increase in Accounts Receivable

$6,500$

Decrease in Accounts Payable

$4,500$

Net Cash Provided by $($Used for$)$ Operating Activities