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QUESTION 40 The net income reported for the current year was $500,000. Depreciation expense on a building was $80,000. Inventory increased by $40,000. Accounts payable

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QUESTION 40 The net income reported for the current year was $500,000. Depreciation expense on a building was $80,000. Inventory increased by $40,000. Accounts payable increased by $30,000. How much cash was provided by operating activities? $580,000 $570,000 $590.000 $410,000

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