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Assume net income was $160,000, depreciation expense was $6,600, accounts recelvable decreased by $10,500, and accounts payable decreased by $3,500. The amount of net cash

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Assume net income was $160,000, depreciation expense was $6,600, accounts recelvable decreased by $10,500, and accounts payable decreased by \$3,500. The amount of net cash flows from operating activities is: Muttiple Choice $66,600 $160.000 543,600 $153.100 Music Store reported net income of $139,000. Beginning balances in Accounts Recelvable and Accounts Payable were $23,500 and $18,500, spectively. Ending balances in these accounts were $33,500 and $15,200, respectively. Assuming that all relevant information has been presented. ary's net cash flows from operating activities would be: Multiple Choice $152,300. 545.700 5132300 statron

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