For the year ending December 31,2012,Maydak Company reports net income of $23,000 and depreciation expense of $17,000.The income tax expense for the year ending December 31,2012 is $20,000.The following data is available: What is the net cash provided by operating activities for the year ended December 31,2012? Assume the indirect method is used.

Question

For the year ending December 31,2012,Maydak Company reports net income of $23,000 and depreciation expense of $17,000.The income tax expense for the year ending December 31,2012 is $20,000.The following data is available:  What is the net cash provided by operating activities for the year ended December 31,2012? Assume the indirect method is used.

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The Answer of For the year ending December 31,2012,Maydak Company reports net income of $23,000 and depreciation expense of $17,000.The income tax expense for the year ending December 31,2012 is $20,000.The following data is available:  What is the net cash provided by operating activities for the year ended December 31,2012? Assume the indirect method is used.

For the Year Ending December 31,2012,Maydak Company Reports Net Income