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Multiple Choice Question 77 Swifty Corporation reported net income of $58000 for the year ended December 31, 2018 Included in net income were depreciation expense
Multiple Choice Question 77 Swifty Corporation reported net income of $58000 for the year ended December 31, 2018 Included in net income were depreciation expense of $8900 and a gain on sale of equipment of $2300. Each of the following accounts increased during 2018: Accounts receivable Inventory Prepaid rent Available-for-sale securities Accounts payable $2200 $4800 $6700 $1700 $5300 What is the amount of cash provided by operating activities for Swifty Corporation for the year ended December 31, 2018? 0 $46000 0 $54500 O $58500 O $56200
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