Hania Company provided the following data for the current year.             Gain on sale of equipment                                                          - 60,000             Proceeds from sale of equipment                                                                            -  100,000             Purchase of Ace bonds, face amount, (P2,000,000)-                                               1,800,000             Amortization of bond discount                                                         -20,000              Dividend declared                                                                                                   -450,000             Dividend paid                                                                                                           - 380,000             Proceeds from sale of treasury shares with                        carrying amount of (P650,000)-                                                                     750,000 What is net cash provided by operating activities?

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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter14: Statement Of Cash Flows
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Hania Company provided the following data for the current year.

            Gain on sale of equipment                                                          - 60,000
            Proceeds from sale of equipment                                                                            -  100,000
            Purchase of Ace bonds, face amount, (P2,000,000)-                                               1,800,000
            Amortization of bond discount                                                         -20,000
             Dividend declared                                                                                                   -450,000
            Dividend paid                                                                                                           - 380,000
            Proceeds from sale of treasury shares with
                       carrying amount of (P650,000)-                                                                     750,000

What is net cash provided by operating activities?

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