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A business has the following financial information at the end of the year: Prior year Current year Net income $750,000 Depreciation expense $150,000 Dividends paid

A business has the following financial information at the end of the year:

Prior year Current year

Net income $750,000

Depreciation expense $150,000

Dividends paid $550,000

Accounts receivable $1,500,000 $2,000,000

Inventory $3,500,000 $2,000,000

Accounts payable $350,000 $500,000

Long term debt $2,300,000 $3,000,000

Common stock $2,200,000 $2,500,000

Retained earnings $6,150,000 $6,350,000

Based on the financial information presented above, determine net cash flow from operating activities for the current year.

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