Reference no: EM132531299
Question - Darwin Company, a manufacturer, has provided the following information pertaining to its recent year of operation:
Net income $300,000
Accounts receivable decreased $28,000
Prepaid insurance increased $9,000
Depreciation expense was $25,000
Loss on sale of a building was $12,000
Wages payable decreased $14,000
Unearned revenue increased $21,000
Required - Using the indirect method, how much was Darwin's net cash provided by operating activities?