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Depreciation expense totaled $17,000 for the year; accrued wages decreased $2,000; a new car was purchased for $42,000; accounts receivable increased $9,000; payments on long
Depreciation expense totaled $17,000 for the year; accrued wages decreased $2,000; a new car was purchased for $42,000; accounts receivable increased $9,000; payments on long term debt amounted to $15,000; accounts payable decreased $4,000; net income was $56,000 for the year; proceeds from the issuance of common stock were $45,000; dividends paid totaled $7,500; inventory decreased $8,000; What was the net cash provided by operating activities? (don't include cents - round to the nearest dollar)
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