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A company reports net income of $520,000 that includes depreciation expense of $71,000. Also, cash of $46,000 was borrowed on a 5-year note payable. Based
A company reports net income of $520,000 that includes depreciation expense of $71,000. Also, cash of $46,000 was borrowed on a 5-year note payable. Based on this data, total cash inflows from operating activities are:
Multiple Choice $637,000. $591,000. $566,000. $449,000.
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