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A company's income statement showed the following: net income, $120,000; depreciation expense, $31,000, and gain on sale of plant assets, $13,000. An examination of the

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A company's income statement showed the following: net income, $120,000; depreciation expense, $31,000, and gain on sale of plant assets, $13,000. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $10,000; merchandise inventory increased $19.000; prepaid expenses decreased $6, 100; accounts payable increased $3, 200. Calculate the net cash provided or used by operating activities. $125, 800. $138, 300. $106, 100. $64, 100. $202, 300

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