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Appletree Ltd. reported a loss of $10,000 for the year. During the year, accounts receivable decreased $3,000, inventory increased $5,000, accounts payable increased by $11,000,
Appletree Ltd. reported a loss of $10,000 for the year. During the year, accounts receivable decreased $3,000, inventory increased $5,000, accounts payable increased by $11,000, and depreciation expense of $6,000 was recorded. Using the indirect method, operating activities: Select one: O a. used net cash of $23,000 O b. used net cash of $17,000 O c. provided net cash of $5,000 O d. pprovided net cash of $15,000
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