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Compute net cash provided by operating activities

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Reference no: EM131560005

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

Net income

$48,400

Dividends paid

5,920

Increase in accounts receivable

12,900

Increase in accounts payable

8,900

Purchase of equipment (capital expenditure)

8,200

Depreciation expense

5,900

Issue of notes payable

23,190

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

Reference no: EM131560005

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