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A house painting business had revenues of $17,200 and expenses of $10,200 last summer. There were no depreciation expenses. However, the business reported the following
A house painting business had revenues of $17,200 and expenses of $10,200 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:
Accounts receivable $ 2,400 $ 5,700 Accounts payable 940 420
Calculate net cash flow for the business for this period.
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