Loster Company reported a net loss of $16,550 for the year ended December 31. During the year, accounts receivable decreased by $6,534, inventory increased by $7,058, accounts payable increased by $12,523, and depreciation expense of $5,943 was recorded. What was the net cash used for or provided by operating activities during the year? Select the correct answer. provided net cash of $16,550. used net cash of $16,550. used net cash of $1,392. provided net cash of $1,392.

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