Question - Data below are from the accounting records of the Eastman Company:
Net income $375,000
Depreciation charges 18,000
Increase in accounts payable 37,800
Increase in merchandise inventory 42,500
Increase in long-term liabilities 85,500
Increase in capital stock 34,500
Decrease in accounts receivable 16,250
Based on this information, what is the net cash provided by operating activities on the statement of cash flows using the indirect method?