TC Hotel's net income for the year ended January was $ Additional data for the year is provided below.
Purchase of property and equipment $
Depreciation of property and equipment $
Dividends declared $
Decrease in beverage inventory $
Loss on sale of equipment $
Issue of common shares $
Calculate the net cash provided used by operating activities using the indirect method.
Do not enter dollar signs or commas in the input boxes.
Use the negative sign for a decrease in cash.
Increase or decrease in cash from operating activities $Answer