Norway Hotel had net income for 2020 of $193,700. Included in net income was depreciation of...

 

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Norway Hotel had net income for 2020 of $193,700. Included in net income was depreciation of $2,200, a gain on sale of land of $5,900, loss on sale of equipment of $11,700 and income taxes of $25,600 Using the information given, calculate the net cash provided (used) by operating activities using the indirect method. Assume that the balances of current assets (except cash) and current liabilities remain the same as last year. Do not enter.dollar.aigns or commas in the input boxes. Use the negative sign for a decrease in cash. Net cash provided (used) by operating activities = $ Norway Hotel had net income for 2020 of $193,700. Included in net income was depreciation of $2,200, a gain on sale of land of $5,900, loss on sale of equipment of $11,700 and income taxes of $25,600 Using the information given, calculate the net cash provided (used) by operating activities using the indirect method. Assume that the balances of current assets (except cash) and current liabilities remain the same as last year. Do not enter.dollar.aigns or commas in the input boxes. Use the negative sign for a decrease in cash. Net cash provided (used) by operating activities = $

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