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Hasbrouck Company reported net income of $ 2 9 0 , 0 0 0 for the year. During the year, accounts receivable increased by $

Hasbrouck Company reported net income of $290,000 for the year. During the year, accounts receivable increased by $30,000 and depreciation expense of $45,000 was recorded. Net cashprovided by operating activities for the year is
$305,000.
$267,000.
$255,000.
$320,000.
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