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A company's income statement showed the following: net income, $137,000 and depreciation expense, $33,900. 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, $137,000 and depreciation expense, $33,900. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $10,700: merchandise inventory increased $20,600: and accounts payable increased $4,700. Calculate the net cash provided or used by operating activities. $131,000. $176,100. $134,900. $165,700. $197,500

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