Colley Corporation's balance sheet and income statement appear below: 
Cash dividends were $26. The company sold equipment for $15 that was originally purchased for $6 and that had accumulated depreciation of $2. The net cash provided by (used by) operations for the year was:
Definitions:
Area
A measure of the extent of a two-dimensional figure or shape in a plane.
Price
The amount of money required to purchase a good or service, determined by factors such as supply, demand, and production cost.
Surplus
The amount of a good that is available exceeds the quantity demanded at the current price.
Price
Price is the amount of money required to purchase a good or service, determined by factors such as supply and demand, production costs, and market competition.
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