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What was the net cash used for operating activities

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Question - Loster Company reported a net loss of $16,761 for the year ended December 31, 2010. During the year, accounts receivable decreased by $4,408, merchandise inventory increased by $5,300, accounts payable increased by $14,238, and depreciation expense of $5,129 was recorded. What was the net cash used for or provided by operating activities during the year 2010?

used net cash of $16,761.

provided net cash of $1,714.

provided net cash of $16,761.

used net cash of $1,714.

Reference no: EM132115208

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