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Paper Co . had net income of $ 7 0 , 0 0 0 during the year. Dividend payment was $ 1 0 , 0

Paper Co

.

had net income of $

70, 000

during the year. Dividend payment was $

10, 000 .

The following information is available:What amount should Paper report as net cash

provided by operating activities in its statement of cash flows for the year?

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