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  3. net income was $59,100; accounts receivable decrea

Net income was $59,100; accounts receivable decreased by $15,000; inventory increased by $7,400; proceeds from...

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Accounting

Net income was $59,100; accounts receivable decreased by $15,000; inventory increased by $7,400; proceeds from the issuance of long-term debt were $19,400; accounts payable decreased by $5,100; equipment purchases were $64,000; depreciation and amortization expense was $25,600. (Amounts to be deducted should be indicated with a minus sign.)
Required:
Calculate the net cash provided (used) by operating activities for the period.

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