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Kela Corporation reports a net income of $460,000 that includes depreciation expense of $76,000. Also, cash of $54,000 was borrowed on a three-year note payable.
Kela Corporation reports a net income of $460,000 that includes depreciation expense of $76,000. Also, cash of $54,000 was borrowed on a three-year note payable. Based on this data, total cash inflows from operating activities are:
536,000
384,000
514,000
590,000
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Financial Accounting
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
9th Edition
032418803X, 978-0324188035
