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A house painting business had revenues of $16,600 and expenses of $9,600 last summer. There were no depreciation expenses. However, the business reported the following
A house painting business had revenues of $16,600 and expenses of $9,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:
Beginning End
Accounts receivable $1,800 $5,100
Accounts payable 820 360
Calculate net cash flow for the business for this period.
Net cash flow $_______
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