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Bellingham Company had the following activity last year: Sales $300,000; Cost of goods sold $170,000: Depreciation expense $25,000; other selling and administrative expenses $95,000; income
Bellingham Company had the following activity last year: Sales $300,000; Cost of goods sold $170,000: Depreciation expense $25,000; other selling and administrative expenses $95,000; income tax expense $3,000. What was the estimated net cash flow for the year? $32,000 $7,000 $35.000 O $10,000
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