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In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 63,000 Accounts payable increased by
In preparing a company's statement of cash flows using the indirect method, the following information is available:
Net income | $ | 63,000 | |
Accounts payable increased by | 19,100 | ||
Accounts receivable decreased by | 26,100 | ||
Inventories increased by | 7,200 | ||
Depreciation expense | 33,300 | ||
Net cash provided by operating activities was:
$134,300. $67,700. $82,100. $96,500. $148,700.
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