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Calculate net cash provided by operating activities

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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.

Reference no: EM13887907

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