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42. Surf Company follows IFRS for its external financial reporting. The following amounts were available at December 31, 2021: Interest received $25,000 Dividends received 16,000

42. Surf Company follows IFRS for its external financial reporting. The following amounts were

available at December 31, 2021:

Interest received $25,000

Dividends received 16,000

Under IFRS, what is the maximum amount that could be reported for cash provided by

operating activities for Surf Company for the year ended December 31, 2021?

a. $-0-

b. $25,000

c. $16,000

d. $41,000

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