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In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for

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In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for the year was $63,000 Accounts payable increased by 29,000 Accounts receivable decreased by 47,000 Inventories decreased by 16,000 Cash dividends paid were 25,000 Depreciation expense was 42,000 Net cash provided by operating activities was

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