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. During 2015 the Magneto Company had a net income of $66,000. In addition, selected accounts showed the following information: Accounts receivable - decrease $6,000

. During 2015 the Magneto Company had a net income of $66,000. In addition, selected accounts showed the following information:

Accounts receivable - decrease $6,000

Accounts payable - decrease 3,000

Accumulated depreciation - increase 4,500

Gain on sale of long-term investment 9,000

Long-term investments - decrease 25,000

Equipment - increase 10,000

No long-term investments were purchased during the year and no equipment was sold during the year. What was the cash flow from operating activities?

What was the amount of cash provided by operating activities?

a. $73,500

b. $58,500

c. $82,500

d. $64,500

Please explain

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