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Question 8 Galaxy Corporation reported net income of $75,000 for the year. During the year, accounts receivable increased by $6,000, accounts payable decreased by $3,000

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Question 8 Galaxy Corporation reported net income of $75,000 for the year. During the year, accounts receivable increased by $6,000, accounts payable decreased by $3,000 and depreciation expense of $5,000 was recorded. Using the indirect method, cash provided by operating activities for the year is O$78,000. O $70,000. O $71,000. $80,000. Question Attempts: 0 of L used

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