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Dragonstone Corp. had net income of $30,000. Accounts Receivable increased by $4,500; accounts payable decreased by $5,000. Depreciation expense for the year was $1,200. Additional

Dragonstone Corp. had net income of $30,000. Accounts Receivable increased by $4,500; accounts payable decreased by $5,000. Depreciation expense for the year was $1,200. Additional transactionsinclude: the purchase of land in exchange for stock $45,000; the sale of treasury stock $3,500; issued bonds $4,500; acquired a building by issuing a note $74,000. Using the indirectmethod, the net increase(decrease) in cash for the yearis:

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