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Kela Corporation reports net income of $590,000 that includes depreciation expense of $83,000. Also, cash of $47,000 was borrowed on a 4-year note payable. Based
Kela Corporation reports net income of $590,000 that includes depreciation expense of $83,000. Also, cash of $47,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are:
a. $720,000
b. $637,000
c. $673,000
d. $507,000
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