A company’s income statement showed the following: net incom…

A company’s income statement showed the following: net income $124,000; and depreciation expense $30,000. An examination of the company’s current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.