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Operating (O) nvesting (1) Amount ofIncrease( Financing (F) Cash Activity lowDecrease () Net income was $26.000 for the year. Accounts receivable increased by $7,000, and

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Operating (O) nvesting (1) Amount ofIncrease( Financing (F) Cash Activity lowDecrease () Net income was $26.000 for the year. Accounts receivable increased by $7,000, and accounts payable increased by $9,000 There were no other changes in the noncash current assets and current liabilities. There was no depreciation for the year

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