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Concord, Inc. reported net income of $ 2 . 8 0 million in 2 0 2 2 . Depreciation for the year was $ 1

Concord, Inc. reported net income of $2.80 million in 2022. Depreciation for the year was $179,200, accounts receivable decreased $392,000, and accounts payable decreased $313,600.
Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g.(15,000).)
Concord, Inc.
Statement of Cash Flows-Indirect Approach
Adjustments to reconcile net income to
$
$
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