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Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in Inventory Increase in Bonds Payable Sale of Common Stock for cash Increase in
Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in Inventory Increase in Bonds Payable Sale of Common Stock for cash Increase in Accounts Receivable $52,000 $ 12,500 $ 2,850 $ 3,350 $13,500 $30,700 $ 5,200 Based on this information, the net cash provided by (used in) operating activities using the indirect method would be: Multiple Choice $73,300 O O $65,500 O $59,800 $68,850
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