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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable decreased by Accounts receivable

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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income Accounts payable decreased by Accounts receivable increased by Inventories increased by Cash dividends paid Depreciation expense $56,500 22,500 29,500 9,500 14,900 24,500 Net cash provided by operating activities was Multiple Choice $133,500 $133,500 $73,600. $34,500 $19,500 $48.500 28 50

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