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Proghorn Company completed its first year of operations on December 3 1 , 2 0 2 5 . Its inital income statement showed that Proghorn

Proghorn Company completed its first year of operations on December 31,2025. Its inital income statement showed that Proghorn had sales revenue of $240,570 and operating expenses of $100,845. Accounts recieveable and accounts payable at year-end were $72,900 and $227,945, repectively. Assume that accounts payable related to operating expenses. Ignore income taxes. compute net cash provided parentheses Used) by operating activities using the direct method. ow amounts that decrease cash flow with either a -,e.g.-15,000 or in parenthesis e.g.5,000

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