Callaway Golf Company provides the following information pertaining to its recent year of operation: Net income $100,000 Accounts receivable increased $9,000 Prepaid insurance decreased $3,000 Depreciation expense was $15,000 Gain on sale of land $2,000 Wages payable decreased $7,000 Unearned revenue increased $11,000 How much was net cash provided by operating activities?

Managerial Accounting: The Cornerstone of Business Decision-Making
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Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 43E
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Callaway Golf Company provides the following information pertaining to its recent year of operation: Net income $100,000 Accounts receivable increased $9,000 Prepaid insurance decreased $3,000 Depreciation expense was $15,000 Gain on sale of land $2,000 Wages payable decreased $7,000 Unearned revenue increased $11,000 How much was net cash provided by operating activities?
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