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asset should be sho 16) Blue Sky Corporation had net income for 2021 of $2,500,000. Additional information is as follows: Depreciation of plant assets Amortization

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asset should be sho 16) Blue Sky Corporation had net income for 2021 of $2,500,000. Additional information is as follows: Depreciation of plant assets Amortization of intangibles Decrease in accounts receivable Increase in accounts payable $800,000 320,000 420,000 440,000 Blue Sky's net cash provided (used) by operating activities for 2021 was 17) Yellow Company reported net income of $520,000 for the year ended 12/31/21. Included in the computation of net income were: depreciation expense, $85,000; amortization of a patent, S40,000; income from an investment in common stock of XYZ Inc., accounted for under the equity method, $62,000; and amortization of a bond discount, $17,000. Yellow also paid an $60,000 dividend during the year. The net cash provided (used) by operating activities would be reported at

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