Fox, inc. reported net income of $300,000 for the current. changes occurred in several balance sheet
accounts as follows:

equipment $25,000 increase

accumulated depreciation 40,000 increase

note payable 30,000 increase

additional current year information:

• during the year, fox sold equipment costing $25,000, with accumulated depreciation of $12,000, for a gain of $5,000.

• in december, fox purchased equipment costing $50,000 with $20,000 cash and a 12% note payable of $30,000.

• depreciation expense for the year was $52,000.

in fox's statement of cash flows for the year, net cash provided by operating activities should be:

Ivan, a russian fishermen, needs a permit so that he can commercially participate in ice fishing for yellow perch and then the consequent sales. garet is an undergraduate student who has to work at mcdonald\'s part time to pay his tuition loans. always looking on the bright side of things, he is that he can\'t make less than what he is earning, $7.25 an hour. d\'artagnan, a poor french noblemen, discovers a large cache of truffles in his backyard. however, the government caps the sale of truffles at $100 a pound, which frustrates d\'artagnan as he knows they are worth more than that. athos is an avid collector of swords, but as they are illegal to purchase, he goes by illicit means to obtain them. to out irish farmers, the government sets the minimum price of potatoes at $26 a bushel. in order to support domestic sales of textiles, the country of germany puts a cap on the amount of foreign textiles it imports.