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Glidden Company reported net income of $2,700,000 in 2025. Depreciation for the year was $500,000, accounts receivable increased $480,000, common stock increased $240,000 and accounts
Glidden Company reported net income of $2,700,000 in 2025. Depreciation for the year was $500,000, accounts receivable increased $480,000, common stock increased $240,000 and accounts payable increased $300,000. Compute net cash flow from operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -1,000 or in parenthesis e.g. (1,000).)
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