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Brianna Company reports the following income statement for the year ended July 31, 2021: Sales $2,300,000 Cost of goods sold 1,000,000 Gross profit 1,300,000 Depreciation

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Brianna Company reports the following income statement for the year ended July 31, 2021: Sales $2,300,000 Cost of goods sold 1,000,000 Gross profit 1,300,000 Depreciation expense 50,000 Wages expense 270,000 Interest expense 25,000 $ Net income 955,000 The company also reports the following information from the balance sheet: July 31, July 31, 2021 2020 The company also reports the following information from the balance sheet: July 31, July 31, 2021 2020 $ 67,100 Cash $50,200 Accounts receivable 80,000 116,000 160,000 50,000 Inventory 200,000 Accounts payable 60,000 Interest payable 8,000 Wages payable 14,000 Notes payable 245,000 6,000 15,000 280,000 Using the direct method, how much was net cash from operating activities in 2021? 160,000 Inventory 200,000 Accounts payable 60,000 50,000 Interest payable 8,000 6,000 Wages payable 14,000 15,000 Notes payable 245,000 280,000 Using the direct method, how much was net cash from operating activities in 2021? Select one: O a $1,050,000 O b. 51,092,000 O c 51,530,000 O d. 51.030,000

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