(Solved): The comparative statement of financial position for Oriole Corporation shows the following noncash ...

The comparative statement of financial position for Oriole Corporation shows the following noncash current asset and liability accounts at March 31: Oriole's statement of income reported the following selected information for the year ended March 31, 2024: net income was $\$270,000$, depreciation expense was $\$60,000$, and a loss on the disposal of land was $\$16,000$. Oriole uses a perpetual inventory system. Calculate net cash provided (used) by operating activities using the indirect method. (Show amounts that decrease cash flow with either $a$ - sign e.g. $?15,000$ or in parenthesis e.g. $(15,000)$.