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Harbor Company reported net income of $90,000 for the year ended December 31, 2010. During the year, inventories decreased by $12,000, accounts payable decreased by

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Harbor Company reported net income of $90,000 for the year ended December 31, 2010. During the year, inventories decreased by $12,000, accounts payable decreased by $18,000, depreciation expense was $20,000 and a gain on disposal of equipment of $9,000 was recorded. Net cash provided by operating activities in 2010 using the indirect method was $149,000. $95,000. $107,000. $85,000

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