Compute net cash provided by operating activities

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Question - Riverbed Beverage Company reported the following items in the most recent year.

Net income $48,600

Dividends paid 5,100

Increase in accounts receivable 11,570

Increase in accounts payable 8,150

Purchase of equipment (capital expenditure) 8,620

Depreciation expense 5,150

Issue of notes payable 24,000

Required - Compute net cash provided by operating activities, the net change in cash during the year.

Reference no: EM132488510

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