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Ayayai Corp. reported net income of $281000 for the year. During the year, accounts receivable increased by $20000, accounts payable decreased by $9000 and depreciation

Ayayai Corp. reported net income of $281000 for the year. During the year, accounts receivable increased by $20000, accounts payable decreased by $9000 and depreciation expense of $44000 was recorded. Net cash provided by operating activities for the year is

$250000.

$266000.

$296000.

$281000.

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