Problem #$2-$ Indirect: Computing cash flows from operations

A company reports net income of $$8,200$ for the year. During the year, the company reports an

$$840$ loss from retirement of notes and a gain of $$1,260$ from the sale of equipment. Also,

depreciation expense is $$2,880.$ The only change in current assets and current liabilities was a

$$420$ increase in inventory.

Compute net cash provided by operating activities using the indirect method $($not all rows must

be used$).$

Note: Amounts to be deducted should be indicated with a minus sign.