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What should the reported net cash

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Question - Selsbury Corporation reported net income of $750,000 for 2017. Changes occurred in several balance sheet accounts during 2017 as follows:

Investment in Videogold, Inc. stock, carried on the equity basis $27,500 increase

Accumulated depreciation, caused by major repair to projection equipment $10,500 decrease

Premium on bonds payable $7,000 decrease

Deferred income tax liability (long-term) $9,000 increase

In Selsbury's 2017 cash flow statement, what should the reported net cash provided by operating activities be?

Reference no: EM132924479

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