Fare Company reported a net loss of $31,000 for the year ended December 31, 2013.During the year, accounts receivable decreased $15,000, merchandise inventory increased $24,000, accounts payable increased by $30,000, and depreciation expense of $15,000 was recorded.During 2013, operating activities

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The net loss of $31,000 is adjusted by adding back non-cash expenses like depreciation ($15,000) and changes in working capital: decrease in accounts receivable ($15,000), increase in inventory (-$24,000), and increase in accounts payable ($30,000). The net cash provided by operating activities is $5,000.

Fare Company Reported a Net Loss of $31,000 for the Year