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Accounts receivable arising from sales to customers amounted to $ 76000 and $ 72000 at the beginning and end of the year, respectively. Income reported
Accounts receivable arising from sales to customers amounted to $ 76000 and $ 72000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $ 283000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is $ 283000. O $ 287000. $ 211000. $ 279000. A company had net income of $209600. Depreciation expense is $26900. During the year, Accounts Receivable and Inventory increased $16800 and $42400, respectively. Prepaid Expenses and Accounts Payable decreased $4700 and $5700, respectively. There was also a loss on the sale of equipment of $2500. How much cash was provided by operating activities? $173800 $178800 $270000 $240400
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