What was the net cash used for or provided by operating


Loster Company reported a net loss of $15,384 for the year ended December 31, 2010. During the year, accounts receivable decreased by $6,020, merchandise inventory increased by $7,612, accounts payable increased by $15,188, and depreciation expense of $7,964 was recorded. What was the net cash used for or provided by operating activities during the year 2010?

Select the correct answer.

provided net cash of $15,384.

used net cash of $6,176.
used net cash of $15,384.
provided net cash of $6,176.

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Accounting Basics: What was the net cash used for or provided by operating
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