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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 Accounts payable decreased by Accounts receivable increased by Inventories increased by Depreciation expense was $64,000 24,000 31,800 11,000 42,000 Net cash provided by operating activities was: Multiple Choice 564.000 588.000 $60,000 $40.000

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