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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 increased 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 increased by Accounts receivable decreased by Inventories decreased by Cash dividends paid Depreciation expense $66,000 32,000 53,000 19,000 28,000 48,000 Net cash provided by operating activities was

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