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LODH Ltd uses the indirect method to prepare the cash flow statement. Refer to the following income statement: LODH Ltd Income statement for the year

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LODH Ltd uses the indirect method to prepare the cash flow statement. Refer to the following income statement: LODH Ltd Income statement for the year ended 31 December 2020 Sales revenue $186,000 Interest revenue (operating) 6400 Loss on sale of non- current assets (5000) Total revenues and gains $187,400 Cost of sales 1 10,000 Salary expense 19,000 Depreciation expense 7000 Other operating expenses 13,200 Interest expense 16,200 Income tax expense 5900 Total expenses 171,300 Profit (loss) $16, 100 Additional information provided by the company includes the following: Current assets, other than cash, decreased by $5,200. Current liabilities increased by $2,400. Required: How much is the net cash provided by operating activities? (use indirect method) Paragraph B I Disclosure Reconciliation Statement Profit for the year Path: p

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