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F1 Company, a manufacturer, has provided the following information pertaining to its recent year of operation: Net income, $200,000 Accounts receivable increased $18,000 Prepaid insurance
F1 Company, a manufacturer, has provided the following information pertaining to its recent year of operation: Net income, $200,000 Accounts receivable increased $18,000 Prepaid insurance increased $7,000 Depreciation expense was $25,000 Loss on sale of a building was $22,000 Wages payable increased $14,000 Unearned revenue decreased $21,000 Using the indirect method, how much was F1's net cash provided by operating activities? F1 Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following information pertaining to its recent year of operation: Cash flow from operating activities, $136,000 Accounts payable increased $11,000 Prepaid assets decreased $8,000 Depreciation expense was $12,000 Accounts receivable increased $23,000 Loss on sale of a depreciable asset was $6,000 Wages payable decreased $9,000 Unearned revenue decreased $19,000 Patent amortization expense was $3,000 How much was F1's net income
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