Blocker Company reported a net loss of $5,000 for the year ended December 31, 2013.During the year, accounts receivable increased $14,000, merchandise inventory decreased $10,000, accounts payable decreased by $20,000, and depreciation expense of $10,000 was recorded.During 2013, operating activities

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The net cash used in operating activities is calculated as follows: Start with the net loss of $5,000, add back the non-cash depreciation expense of $10,000, subtract the increase in accounts receivable of $14,000, add the decrease in inventory of $10,000, and subtract the decrease in accounts payable of $20,000. This results in a net cash used of $19,000.

Blocker Company Reported a Net Loss of $5,000 for the Year