Question - RL Photography reported net income of $150,700 for 2014. Included in the income statement were depreciation expense of $9,494, patent amortization expense of $6,028, and a gain on disposal of plant assets of $5,425. RL's comparative balance sheets show the following balances.
12/31/14 12/31/13
Accounts receivable $31,647 $40,689
Accounts payable 13,864 9,042
Calculate net cash provided by operating activities for RL Photography.