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1: Net income is $62,753. During the year, the company had $6,992 depreciation expense and a gain on sale of assets of $16,871. In addition,
1: Net income is $62,753. During the year, the company had $6,992 depreciation expense and a gain on sale of assets of $16,871. In addition, accounts receivable increased $4,094, supplies decreased $1,162 and accounts payable increased $4,784. What is the net cash provided by operations under the indirect method? If the answer is a source, leave the number positive. If the answer is a use, put a negative sign "-" in front of your answer.
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