Solution Net cash provided by operating activities for the year ended December 31, 2014 Eliminate Depreciation expense +80000 Adjust revenue and expenses from accrual accounting to cashNet income151490 Eliminate Depreciation expense +80000 Adjust revenue and expenses from accrual accounting to cashIncrease in account receivable(20370)Decrease in inventory+12840Increase in prepaid expenses(4370)Decrease in account payable(6480)Increase in accrued expenses payable+11240Total cash generated by operating activities224360.