Question - Majorn Auto Parts Store had net income of $97,000 for the year just ended. Majorn collected the following additional information to prepare its statement of cash flows for the year:
Increase in accounts receivable $134,000
Decrease in inventory $34,000
Decrease in accounts payable $51,000
Increase in retained earnings $45,000
Cash received from sale of building $231,000
Gain on sale of building $63,000
Depreciation expense $48,000
Majorn uses the indirect method to prepare its statement of cash flows. What is Majorn's net cash provided by (used in) operating activities?