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Consider the following information: Net income Depreciation Increase in accounts receivable Decrease in prepaid rent Increase in accrued liabilities Cash paid to purchase office equipment

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Consider the following information: Net income Depreciation Increase in accounts receivable Decrease in prepaid rent Increase in accrued liabilities Cash paid to purchase office equipment $20,000 3,000 1,000 (400) 900 4,000 What is the net cash provided by operating activities? $17,500 $18,500 $21,500 $23,300

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