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Problem - Wise Photography reported net income of $115,000 for 2020. Included in the income statement were depreciation Expense of $4,300 amortization expense of $2,600, and a gain on disposal of plant assets of $3,700. Wise's comparative balance sheets show the following balances.
12/31/19
12/31/20
Accounts receivable
$26,800
$22,000
Accounts payable
6,200
9,700
Required - Calculate net cash provided by operating activities for Wise Photography.
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