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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 $58,000 24,000 31,000 11,000 15,200 26,000 Net cash provided by operating activities was: Multiple Choice $50,000. $18,000. $36,000 O $138,000

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