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Mary's Music Store reported net income of $137,000. Beginning balances in accounts receivable and accounts payable were $26,500 and $19,500 respectively. Ending balances in these
Mary's Music Store reported net income of $137,000. Beginning balances in accounts receivable and accounts payable were $26,500 and $19,500 respectively. Ending balances in these accounts were $33,500 and $14,000, respectively. Assuming that all relevant information has been presented, Mary's cash flows from operating activities would be:
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