Question - Garagiola Company had net income in the current year of $ 430,000. Depreciation expense for the year totaled $ 67,000. During the year the company experienced an increase in accounts receivable ( all from sales to customers) of $ 35,000 and an increase in accounts payable ( all to suppliers) of $ 56,000.
Compute the amount of cash provided by or used for operating activities by the indirect method.