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Question 15 Waterway Industries reported net income of $59000 for the year ended December 31, 2021 Included in net income were depreciation expense of $8000
Question 15 Waterway Industries reported net income of $59000 for the year ended December 31, 2021 Included in net income were depreciation expense of $8000 and a gain on sale of equipment of $2300. Each of the following accounts increased during 2021: Accounts receivable Inventory Prepaid rent Available-for-sale securities Accounts payable $2400 $4300 $6800 $1000 $4700 What is the amount of cash provided by operating activities for Waterway Industries for the year ended December 31, 2021? O $55900 O $54900 O $58200 O $47500
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