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Net Income: $14,500,000 Depreciation Expense: $600,000 Increase in Accounts Receivable: $400,000 Decrease in Inventory: $300,000 Purchase of Equipment: $1,200,000 Question: Provide a detailed narrative analysis

    • Net Income: $14,500,000
    • Depreciation Expense: $600,000
    • Increase in Accounts Receivable: $400,000
    • Decrease in Inventory: $300,000
    • Purchase of Equipment: $1,200,000
  • Question: Provide a detailed narrative analysis of how changes in working capital components influence the company's cash flow from operating activities, incorporating industry trends and strategic considerations, using the provided financial data.

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