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A company reported net income of $180000 for the year ended December 31,2025 . During the year, inventories decreased by $36000 , accounts payable decreased

A company reported net income of

$180000

for the year ended December 31,2025 . During the year, inventories decreased by

$36000

, accounts payable decreased by

$54000

, depreciation expense was

$40500

and a gain on disposal of equipment of

$13500

was recorded. Net cash provided by operating activities in 2025 using the indirect method was\

$189000

.\

$220500

.\

$216000

.\

$252000

.

image text in transcribed
A company reported net income of $180000 for the year ended December 31,2025 . During the year, inventories decreased by $36000, accounts payable decreased by $54000, depreciation expense was $40500 and a gain on disposal of equipment of $13500 was recorded. Net cash provided by operating activities in 2025 using the indirect method was $189000. $220500. $216000. $252000

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