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A company reported net income of $202,500 during 2019. The company reported depreciation expense of $47,500, patent amortization of $16,250 and a $7,500 loss on
A company reported net income of $202,500 during 2019. The company reported depreciation expense of $47,500, patent amortization of $16,250 and a $7,500 loss on the sale of equipment. Using the indirect method, how much is the company's net cash flow from operating activities?
Need to explain. Thanks
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