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ABC Company reported net income of $80,000 for the year. During the year, accounts receivable decreased by $7,000, accounts payable increased by $3,000 and depreciation

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ABC Company reported net income of $80,000 for the year. During the year, accounts receivable decreased by $7,000, accounts payable increased by $3,000 and depreciation expense of $5,000 was recorded. Net cash provided by operating activities for the year is Select one a $75,000 ob. $79,000 c. $70,000 O d. $95,000

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