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In 2016, Miller Corporation borrowed (long-term) $150.000, paid dividends of $16,000, issued 7,000 shares of stock for $55 per share, purchased land for $35,000, and

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In 2016, Miller Corporation borrowed (long-term) $150.000, paid dividends of $16,000, issued 7,000 shares of stock for $55 per share, purchased land for $35,000, and received dividends of $9,000. Net income was $160,000, and depreciation for the year totaled $13,000. Accounts receivable increased by $8,000. How much should be reported as net cash provided by operating activities by the indirect method? How much shouldbe Opted as net cash . OA. $173,000 O B. $666,000 O C. $165,000 O D. $166,000

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