Hendrickson Corporation reported net income of $50,000 in 2012. Depreciation expense was $17,000. The following working capital accounts changed.
Accounts receivable
$11,000 increase
Available-for-sale securities
16,000 increase
Inventory
7,400 increase
Nontrade note payable
15,000 decrease
Accounts payable
12,300 increase
Compute net cash provided by operating activities.
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