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Calculate cash flow from operating activities using the indirect method and the following data: Net Income was $68000 Accounts receivable decreased by $13500 Inventory increased

Calculate cash flow from operating activities using the indirect method and the following data:

Net Income was $68000

Accounts receivable decreased by $13500

Inventory increased by $9000

Proceeds from issuing long term debts was $18000

Accounts payable decreased $4200

Equipment purchases were $24500

Depreciation and amortization expense was $19500

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