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Accounts receivable arising from trade transactions amounted to $62,000 and $78,000 at the beginning and end of the year, respectively. Net income reported on the
Accounts receivable arising from trade transactions amounted to $62,000 and $78,000 at the beginning and end of the year, respectively. Net income reported on the income statement for the year was $125,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method are _____. Group of answer choices $140,000 $125,000 $109,000 $141,000
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