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company's income statement showed the following: net income, $140,000 and depreciation expense, $34,800. An examination of the company's current assets and current liabilities showed the
company's income statement showed the following: net income, $140,000 and depreciation expense, $34,800. An examination of the company's current assets and current liabilities showed the following changes a result of operating activities: accounts receivable decreased $11,000; merchandise inventory increased $21,200; and accounts payable increased $5,000. Calculate the net cash provided or used by operating Multiple Choice $134.000. $18000 $137,600 $169600. $202.000
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