Question: Use the appropriate information from the data provided below to calculate the net cash provided (used) by operating activities for the period. Note: Amounts to

Use the appropriate information from the data provided below to calculate the net cash provided (used) by operating activities for the period. Note: Amounts to be deducted should be indicated with a minus sign. Net income $ 113,000 Accounts receivable increase (for the period) 24,000 Inventory decrease (for the period) 19,000 Proceeds from the issuance of long-term debt 260,000 Accounts payable decrease (for the period) 11,000 Purchases of equipment 175,000 Depreciation and amortization expense 42,000

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