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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 increased by Depreciation expense $57, eee 18,500 25,500 6,000 31,500 Net cash provided by operating activities was: Multiple Choice $126,500 $63.500 $75,500 Multiple Choice $126,500 $63,500 $75,500 $87,500 $138.500

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