Harkey Corporation's statement of financial position and income statement appear below:
Cash dividends were $29.The company sold equipment for $15 that was originally purchased for $6 and that had accumulated depreciation of $2.
Required:
Using the direct method,determine the net cash provided by operating activities.

Question

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The Answer of Harkey Corporation's statement of financial position and income statement appear below:
Cash dividends were $29.The company sold equipment for $15 that was originally purchased for $6 and that had accumulated depreciation of $2.
Required:
Using the direct method,determine the net cash provided by operating activities.

Harkey Corporation's Statement of Financial Position and Income Statement Appear