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Green Co.'s 2015 statement of cash flows reported cash provided from operating activities of $375,000. For 2015, depreciation of equipment was $130,000, amortization of goodwill
Green Co.'s 2015 statement of cash flows reported cash provided from operating activities of $375,000. For 2015, depreciation of equipment was $130,000, amortization of goodwill was $15,000, cash inflows from the issuance of common stock was $75,000, and dividends paid on common stock was $25,000. In Greens 2015 statement of cash flows, what amount was reported as net income?
a. $230,000 b. $330,000 c. $245,000 d. $275,000
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