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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

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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 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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