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Jack's Company's financial statements show a net income of $34,500 in 2019. The following items also appear on Jack's balance sheet: Depreciation expense $2,500 Accounts

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Jack's Company's financial statements show a net income of $34,500 in 2019. The following items also appear on Jack's balance sheet: Depreciation expense $2,500 Accounts receivable decrease $3,200 Inventory increase $12,000 Accounts payable increase $1,400 Using the indirect method, what is Jack's net cosh flow from operating activities in 2019? Select one a. 529,600 b. 550,800 c. None of these d. 523,200 e. 553,600

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