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How much was Olan net cash provided by operating activities

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Question - Olan Company, a retailer (using US GAAP), has provided the following information pertaining to its recent year of operation:

Net income, $120,000

Prepaid insurance decreased $3,000

Accounts receivable increased $9,000

Depreciation expense was $15,000

Loss on sale of a building, $3,000

Wages payable decreased $7,000

Unearned revenue (Advances from Customers) increased $11,000

Required - How much was Olan's net cash provided by operating activities?

Reference no: EM132914488

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