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Net income reported for the current year was $400,000. Depreciation expense was 550.000. Accounts receivable decreased by 540,000 Accounts payable decreased by $30,000. How much

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Net income reported for the current year was $400,000. Depreciation expense was 550.000. Accounts receivable decreased by 540,000 Accounts payable decreased by $30,000. How much cash was provided by operating activities? $520,000 $440,000 $380,000 $460,000 QUESTION 5 The business reported the following cash activities last year: $40,000 received from the borrowing of long-term debt $20,000 received from the sale of equipment $10,000 paid for dividends $5,000 paid for the purchase of treasury stock $6,000 received from the issuance of common stock What was the amount of cash used or provided from investing activities? $30,000 provided $15,000 provided $15,000 used $20,000 provided

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