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Also assume the company's beginning and ending cash balances are $270,000 and $240,000, respectively, its net cash provided by (used in) operating activities is $225,000

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Also assume the company's beginning and ending cash balances are $270,000 and $240,000, respectively, its net cash provided by (used in) operating activities is $225,000 and its net cash provided by (used in) imvesting actweios is $(220,000 ). Based solely on the information provided, the company's net income must be: Multiple Choice $120000 $100000 $50.000. $1100000

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