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In preparing a companies statement of cash flows for the most recent year using the inderict method , the following info is available Net Income
In preparing a companies statement of cash flows for the most recent year using the inderict method , the following info is available
Net Income for the year was: $55,000
Accounts payable increased by: 21,000
Accounts receivable decreased by: 31,000
Inventories decreased by 8,000
Cash dividends paid were 17,000
Depreciation expense was 26,000
Net cash provided by operating activities was?
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