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Blue Spruce Corp. reported net income of $2.8 million in 2017. Depreciation for the year was $165, 300, accounts receivable decreased $372,000 and accounts payable
Blue Spruce Corp. reported net income of $2.8 million in 2017. Depreciation for the year was $165, 300, accounts receivable decreased $372,000 and accounts payable decreased $261, 300. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in
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