View Policies Current Attempt in Progress Blossom Ltd. reported the following information in its balance sheet and income statement for the year ended March 31, 2021: 2021 Accounts receivable Inventory Prepaid expenses Accounts payable Income tax payable Depreciation expense Gain on sale of equipment Profit $14,400 15,120 960 8.400 3,840 12.000 10,848 79,200 2020 $9,600 16,800 480 9.600 2,400 Calculate the net cash provided (used) by operating activities using the indirect method. (Show amounts that decrease cash flow with either a sign e g. -15,000 or in parenthesis eg. (15,000).) Net cash operating activities $ Save for Later Attempts: 0 of 15 used Submit