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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 Depreciation expense $84,000 34,000 41,000 21,000 62,000 Net cash provided by operating activities was: Multiple Choice $50,000 $76,000

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