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Question Content Area The following information is available from the current period financial statements: Net income $108,264 Depreciation expense 39,435 Increase in accounts receivable 16,184

Question Content Area

The following information is available from the current period financial statements:

Net income	$108,264
Depreciation expense	39,435
Increase in accounts receivable	16,184
Decrease in accounts payable	24,297

The net cash flows from operating activities using the indirect method is

a. $107,218

b. $76,942

c. $52,645

d. $188,180

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