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In preparing a company's statement of cash flows for the most recent year using indirect method In preparing a company's statement of cash flows 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 $80,000 Accounts payable decreased by 32,000 Accounts receivable increased by 39,000 Inventories increased by 19,000 Depreciation expense was 58,000 Net cash provided by operating activities was: Multiple Choice $48.000 $74,000 $48.000 $74,000. $112,000 $150,000 $80,000

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