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Jojo Photography reported net income of $100,000 for 2014. Included in the income statement were depreciation expense of $4,000, amortization expense of $3,000, and a gain on disposal of plant assets of $3,900. Jojo's comparative balance sheets show the following balances.
12/31/13
12/31/14
Accounts receivable
$27,000
$21,000
Accounts payable
6,000
9,200
Calculate net cash provided by operating activities for Jojo Photography.
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