Krauss Company's income statement for the year ended December 31, 2017, contained the following condensed information.
Service revenue $845,540
Operating expenses (excluding depreciation). $625,700
Depreciation expense 57,390
Loss on sale of equipment 29,170 712,260
Income before income taxes 133,280
Income tax expense 40,190
Net income $93,090
Krauss's balance sheet contained the following comparative data at December 31.
2017 2016
Accounts receivable $36,010 $59,510
Accounts payable 45,780 31,020
Income taxes payable 4,070 8,680
(Accounts payable pertains to operating expenses.)
Using the direct method, what is the Net Cash provided by Operating Activities?
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