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Harlow Industries reported net income of $26,500 for the current year. During the year, Inventory decreased by $8,200, Accounts Payable decreased by $8,600, Depreciation Expense
Harlow Industries reported net income of $26,500 for the current year. During the year, Inventory decreased by $8,200, Accounts Payable decreased by $8,600, Depreciation Expense was $11,200, and Accounts Receivable increased by $7,700. If the indirect method is used, what is the net cash provided by operating activities? Multiple Choice $46,800 $62,200 $11,700 $29,600
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