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Nordquist company's net income last year was $25,000. The company did not sell or retire any property, plant, and equipment last year. Nordquist Company's net
Nordquist company's net income last year was $25,000. The company did not sell or retire any property, plant, and equipment last year. Nordquist Company's net income last year was $25,000. The company did not sell or retire any property, plant, and equipment last year Changes selected balance sheet accounts for the year appear below Increases (Decreases) Asset and Contra Asset Accounts: Accounts receivable Inventor SS 6000 Prepaid expenses $9,000 $24.000 Accumulated depreciation Labil Accounts $13,000 Accounts payable Accrued liabilities Income taxes able $2,700 Based solely on this Information, the net cash provided by operating activities under the indirect method on of cash flows would be: O $58,600 O 12.300 O $75,500 O $37700
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