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Accounts receivable arising from sales to customers amounted to $25000 and $28000 at the beginning and end of the year, respectively. Income reported on the

Accounts receivable arising from sales to customers amounted to $25000 and $28000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $156000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

$159000.

$156000.

$181000.

$153000.

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