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Please answer asap Company reported net income of $270,000. The comparative balance sheet shows: $14,000 increase in accounts receivable $65,000 increase in accounts payable $300
Please answer asap
Company reported net income of $270,000. The comparative balance sheet shows:
$14,000 increase in accounts receivable
$65,000 increase in accounts payable
$300 decrease in supplies
$34,000 decrease in bonds payable
$11,000 increase in accumulated depreciation
There were no sales or purchases of property, plant, or equipment.
What is the amount of net cash provided (used) by operating activities?
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