Rainy Day, Inc. shows the following information on a partial…
Rainy Day, Inc. shows the following information on a partial balance sheet: 2024 2023 Difference Assets Cash 205,000 133,000 72,000 Current assets 166,700 149,000 17,700 Current liabilities 208,000 180,000 28,000 They also provided the following information: 2024 Net income was $68,000 Cash dividends of $39,000 were declared and paid in 2024. 2024 Depreciation expense was $17,500 Equipment with an original cost of $25,000 and accumulated depreciation of $9,600 was sold in 2024 for $12,500. Calculate the net cash provided by (used in) operations for Rainy Day, Inc. for 2024.