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Jensen Corp.s net income for 2019 was $237,900. The following changes occurred on Jensens balance sheet account from the beginning to the end of 2019:
Jensen Corp.s net income for 2019 was $237,900. The following changes occurred on Jensens balance sheet account from the beginning to the end of 2019:
Accounts receivable: $4,700 increase
Prepaid rent: $5,400 decrease
Wages payable: $2,800 decrease
Determine Jensens net cash provided by operating activities for its 2019 statement of cash flows.
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