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Maninder Inc. reported $32,000 of cash provided by operating activities and the following data: Depreciation Expense $34,000 Increase in accounts payable 9,000 Increase in wages
Maninder Inc. reported $32,000 of cash provided by operating activities and the following data: Depreciation Expense $34,000 Increase in accounts payable 9,000 Increase in wages payable 18,000 Increase in accounts receivable 9,000 Decrease in dividends payable 2,000 Maninder's profit/loss for the period was Select one: O a $36.000 loss O b. $18,000 loss O c. $20,000 loss O d. 530,000 profit
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