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Question 29 2pts Chapin Company reported net income of $410,000 for 2018. Balances of selected current asset and current liability accounts are as shown on

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Question 29 2pts Chapin Company reported net income of $410,000 for 2018. Balances of selected current asset and current liability accounts are as shown on the indicated dates: Jan.1, 2018 Dec. 31, 2018 Accounts receivable $60,000 $69,400 Inventory $130,000 $141,000 Accounts payable $54,000 $48,000 Depreciation expense for 2018 amounted to $65,000. Using only the above information, compute Chapin's net cash flow from operating activities (indirect method) for 2018. $470,600 $460,600 $467,400 $448,600

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