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Lense Laboratories' net income was $250,000 for the year. Below is additional information to be used in calculating the net operating cash flow. Calculate the
Lense Laboratories' net income was $250,000 for the year. Below is additional information to be used in calculating the net operating cash flow. Calculate the current year's operating cash flow. Decrease in Accounts Receivable $60,000 Increase in Wages Payable $50,000 Decrease in Inventory $30,000 Depreciation Expense $45,000 Increase in Prepaid Insurance $3,000
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