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Hendrickson corporation reported net income of 50000 in

Question - Hendrickson Corporation reported net income of $50,000 in 2012. Depreciation expense was $17,000. The following working capital accounts changed.

Accounts receivable $11,000 increase

Available-for-sale securities 16,000 increase

Inventory 7,400 increase

Nontrade note payable 15,000 decrease

Accounts payable 12,300 increase

Compute net cash provided by operating activities.

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Accounting Basics: Hendrickson corporation reported net income of 50000 in

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Accounting Basics: Hendrickson corporation reported net income of 50000 in

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