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Lense Laboratories' net income was $330,000. Given the account information below, what is the net cash flows from operating activities for Lense Laboratories? Increase
Lense Laboratories' net income was $330,000. Given the account information below, what is the net cash flows from operating activities for Lense Laboratories? Increase in Accounts Receivable $65,000 Increase in Salaries Payable Decrease in Inventory Depreciation Expense Increase in Prepaid Insurance $56,500 $37,500 $48,000 $ 3,300 Multiple Choice $335,300 $420,700 $540,300 $403,700
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