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Company X reported net income of 14,000 for the year that ended December 31 2018. Additional info from 2018: What was cash from operating activities
Company X reported net income of 14,000 for the year that ended December 31 2018. Additional info from 2018:
What was cash from operating activities for the year ended December 31 2018?
Purchase of PP&E | $7,000 |
Depreciation expense | 2,000 |
Dividends declared on common stock ($600 paid) | 900 |
Decrease in accounts payable | 400 |
Decrease in unearned revenue | 200 |
Amortization of patent | 100 |
Increase in accounts receivable | 300 |
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