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Question 2 The following data relate to Jackson Corporation for last year: Net income Net increase in accounts receivable Net decrease in accounts payable Cash

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Question 2 The following data relate to Jackson Corporation for last year: Net income Net increase in accounts receivable Net decrease in accounts payable Cash dividends paid on common stock Net increase in inventories Depreciation expense $ 225,000 $ 43,000 $ 25,000 $ 32,000 $ 10,000 $ 12,000 What is the cash provided by operating activities for last year on the statement of cash flows for Jackson Corporation? $155,000 $113,000 $159,000 $127,000

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