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Gleason Company reported net income of $242,000 for the year. During the year, accounts receivable increased by $32,000, accounts payable decreased by $10,000 and depreciation

Gleason Company reported net income of $242,000 for the year. During the year, accounts receivable increased by $32,000, accounts payable decreased by $10,000 and depreciation expense of $65,000 was recorded. Net cash provided by operating activities for the year is O $265,000. O $102,000. O $337,000. O $242,000

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