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A company reported net income of $201,200 during 2014. The company reported depreciation expense of $41,000, patent amortization of $13,000 and a $6,200 loss on
A company reported net income of $201,200 during 2014. The company reported depreciation expense of $41,000, patent amortization of $13,000 and a $6,200 loss on the sale of equipment. Using the indirect method, how much is the company's cash flow from operating activities?
$249,000.
$261,400.
$255,200.
$242,200.
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