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Marriott Modeling School has an accrual basis net income of $52,000 and the following related items: Amortization expense $13,000 Accounts receivable decrease 7,000 Inventory decrease
Marriott Modeling School has an accrual basis net income of $52,000 and the following related items:
Amortization expense | $13,000 |
Accounts receivable decrease | 7,000 |
Inventory decrease | 5,000 |
Interest payable increase | 6,000 |
Dividends paid | 1,000 |
What is Marriott Modelings net cash flow from operating activities?
A) $83,000
B) $31,000
C) $37,000
D) $50,000
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