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Novak, Inc. reported net income of $58000 for the year ended December 31, 2024 Included in net income were depreciation expense of $8400 and a
Novak, Inc. reported net income of $58000 for the year ended December 31, 2024 Included in net income were depreciation expense of $8400 and a gain on sale of equipment of $2400. Each of the following accounts increased during 2024 by the following amounts: Accounts receivable Inventory Prepaid rent Available-for-sale securities Accounts payable $1800 O $46200 $58700 O $55300 O $56300 4500 6600 1000 5200 What is cash provided by operating activities for Novak for the year ended December 31, 2024?
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