Income Statement Report Assignment
February 19th, 2020
Allen Company's 2016 income statement reported total revenues, $760,000 and total expenses (including $31,000 depreciation) of $630,000.
The 2016 balance sheet reported the following: accounts receivable—beginning balance, $41,000 and ending balance, $31,900; accounts payable—beginning balance, $13,000 and ending balance, $19,900. Therefore, based only on this information, how much was the 2016 net cash provided by operating activities? .