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Question 1 1 pts Telfer, lnc. reported net income of $2.8 million in 2015. Depreciation for the year was $160,000, accounts receivable decreased $350,000, and

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Question 1 1 pts Telfer, lnc. reported net income of $2.8 million in 2015. Depreciation for the year was $160,000, accounts receivable decreased $350,000, and accounts payable decreased $280,000. Compute net cash provided by operating activities using the indirect method. Net income Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense Accounts receivable decrease Accounts payable decrease Net cash provided by operating activities

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