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A company's Income statement showed the following: net Income, $135,000 and depreciation expense, $33, 300. An examination of the company's current assets and current liabilities

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A company's Income statement showed the following: net Income, $135,000 and depreciation expense, $33, 300. 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, 500; merchandise Inventory Increased $20, 200; and accounts payable Increased $4, 500. Calculate the net cash provided or used by operating activities. $129,000. $173, 500. $133, 100. $163, 100. $194, 500

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