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J dy Brief Exercise 12-04 Pina Colada Corp. reported net income of $2.9 million in 2020. Depreciation for the year was $161,900, accounts receivable
J dy Brief Exercise 12-04 Pina Colada Corp. reported net income of $2.9 million in 2020. Depreciation for the year was $161,900, accounts receivable decreased $354,400, and accounts payable decreased $270,200. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a sign eg. 15,000 or in parenthesis eg. [15,000 Pina Colada Corp. Statement of Cash Flows Indirect Approach Adjustments to reconcile net income to Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used SAVE FOR LATE
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