Reference no: EM132795742

Question - MYWorld Corporation is preparing its statement of cash flows and has provided this information:

Net income P400,000

Depreciation on property, plant and equipment 200,000

Loss on sale of building 100,000

Interest expense 150,000

Interest payable, beginning of the year 100,000

Interest payable, end of the year 50,000

Accounts receivable, beginning of the year 500,000

Accounts receivable, end of the year 850,000

Inventory, beginning of the year 500,000

Inventory, end of the year 400,000

Accounts payable, beginning of the year 200,000

Accounts payable, end of the year 500,000

Required - What is the net cash provided by operating activities?