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Question 39 Company A had the following information available at the end of the year: Cash Flow from Operations: $1,000 Depreciation Expense $400 Decrease

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Question 39 Company A had the following information available at the end of the year: Cash Flow from Operations: $1,000 Depreciation Expense $400 Decrease in A/R $200 Decrease is A/P $300 What was the net income for the year? $700 $1,300 $1,000 Cannot be determined with the information provided. 2 pts

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