During the current year, Acme Company reports net income of…

Questions

During the current yeаr, Acme Cоmpаny repоrts net incоme of $159,000 аnd pays its shareholders a cash dividend of $4,000. Acme also sells an old warehouse at a loss of $15,000. On the sale date, there was $32,000 of accumulated depreciation on the building. During the year, the accumulated depreciation account decreased $5,000, the accounts receivable account decreased $24,000, the accrued wages expense account increased $42,000, the unearned revenue liability account decreased $18,000, and the income tax payable account decreased $6,000. Based on the information provided, what is the amount of net cash provided by operating activities?