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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 $58,000 Accounts payable increased 24,000 by Accounts receivable 37,000 decreased by Inventories decreased by 11,000 Cash dividends paid were 20,000 Depreciation expense was 32,000 Net cash provided by operating activities was: Multiple Choice $140,000. $162,000. $82,000. $83,000. $36,000

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