Josh's PhotoPlus reported net income of $73,000 for 2012. Included in the income statement were depreciation expense of $7,000 and a gain on sale of equipment of $2,500. Josh's comparative balance sheets show the following balances.
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12/31/11
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12/31/12
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Accounts receivable
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$17,000
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$21,000
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Accounts payable
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6,000
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2,200
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Calculate net cash provided by operating activities for Josh's PhotoPlus.