Arizona Imaging reported net income of $35,000 for the curre…
Arizona Imaging reported net income of $35,000 for the current year. During the year, Inventory decreased by $6,000, Accounts Payable increased by $7,200, Long-term Notes Payable decreased by $25,000, Depreciation Expense was $9,000, gain on the sale of a piece of equipment was $1,500, and Prepaid Expenses increased by $4,500. If the indirect method is used to calculate the operating section on the Statement of Cash Flows, what is the net cash provided (used) by operating activities? Enter your answer without a comma, decimal point, or dollar sign.