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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 $34,500 $48,500 $19.500

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