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Rogers Company reported net income of $37,535 for the year. During the year, accounts receivable increased by $7,588, accounts payable decreased by $2,068, and depreciation

Rogers Company reported net income of $37,535 for the year. During the year, accounts receivable increased by $7,588, accounts payable decreased by $2,068, and depreciation expense of $6,312 was recorded. Net cash provided by operating activities under the indirect method for the year is

a. $34,191

b. $53,503

c. $37,535

d. $49,367

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