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Knack Corporation reports the following information on the statement of cash flows: Net income Depreciation expense Purchase of equipment Gain on sale of equipment Sale
Knack Corporation reports the following information on the statement of cash flows: Net income Depreciation expense Purchase of equipment Gain on sale of equipment Sale of common stock Increase in accounts receivable Increase in accounts payable $60,000 $15,000 $20,000 $4,000 $30,000 $7,000 $2,500 What amount would Knack report for net cash from operating activities
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