Question - Bridgeport Beverage Company reported the following items in the most recent year.
|
Net income
|
$48,400
|
|
Dividends paid
|
5,920
|
|
Increase in accounts receivable
|
12,900
|
|
Increase in accounts payable
|
8,900
|
|
Purchase of equipment (capital expenditure)
|
8,200
|
|
Depreciation expense
|
5,900
|
|
Issue of notes payable
|
23,190
|
Compute net cash provided by operating activities, the net change in cash during the year.