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Brief Exercise 12-4 Coronado Industries reported net income of $1.9 million in 2017. Depreciation for the year was $173,400, accounts receivable decreased $322,600, and accounts
Brief Exercise 12-4 Coronado Industries reported net income of $1.9 million in 2017. Depreciation for the year was $173,400, accounts receivable decreased $322,600, and accounts payable decreased $252,400 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 parenthesis e.g. (15,000).)
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