BE14-5 The net income for Adcock Co. for 2008 was $280,000. For 2008 depreciation on plant assets

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BE14-5 The net income for Adcock Co. for 2008 was $280,000. For 2008 depreciation on plant assets was $70,000, and the company incurred a loss on sale of plant assets of $12,000. Compute net cash provided by operating activities under the indirect method.

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