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17 Mary's Music Store reported net income of $148,000. Beginning balances in Accounts Receivable and Accounts Payable were $25,500 and $20,500, respectively. Ending balances in
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Mary's Music Store reported net income of $148,000. Beginning balances in Accounts Receivable and Accounts Payable were $25,500 and $20,500, respectively. Ending balances in these accounts were $31,500 and $12,800, respectively. Assuming that all relevant information has been presented, Mary's net cash flows from operating activities would be: Multiple Choice 0 $134,300. 0 $146,300. O $161,700. $149,700Step by Step Solution
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