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Really need help with this Accounting question please! A company's income statement showed the following: net income, $146,000 and depreciation expense, $36,600. An examination of
Really need help with this Accounting question please! "A company's income statement showed the following: net income, $146,000 and depreciation expense, $36,600. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,600; merchandise inventory increased $22,400; and accounts payable increased $5,600. Calculate the net cash provided or used by operating activities."
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