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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

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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 recelvable decreased $10,500; merchandise Inventory increased $20,200; and accounts payable increased $4,500 Calculate the net cash provided or used by operating activities Multiple Choice $129,000 $173,500. $133300 163100 $194 500

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