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New Street Corporation had accounts receivable of 110,000 dollars at the beginning of the year and 125,000 dollars at the end of the year. Sales

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New Street Corporation had accounts receivable of 110,000 dollars at the beginning of the year and 125,000 dollars at the end of the year. Sales on account for the year amounted to 575,000 dollars. The amount to be reported on the statement of cash flows under the operating activities is: 560,000 dollars 575,000 dollars 15,000 dollars 465,000 dollars

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