(Answered) Lino cos worksheet for the preparation of its 1992

Accounting

Lino Co's worksheet for the preparation of its 1992 statement of cash flows included the following:

                                      December 31        January 1
Accounts Receivable                   $29,000            $23,000
Allowance for uncollectible           1,000                800
Prepaid rent expense                  8,200                12,400
Accounts Payable                       22,400               19,400

Lino's 1992 net income is $150,000. What amount should Lino include as net cash provided by operating activities in the statement of cash flows? Show supporting calculations.

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