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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
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 | $59,000 |
Accounts payable increased by | $18,700 |
Accounts receivable decreased by | $25,700 |
Inventories increased by | $6,400 |
Depreciation expense was | $32,100 |
Net cash provided by operating activities was: $90,500. $129,100. $141,900. $64,900. $77,700. |
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