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Rover Corporation reports the following information: Net income $2,500,000 Depreciation expense 340,000 Loss on the sale of investments 77,000 Increase in accounts receivable 160,000 Rover
Rover Corporation reports the following information:
Net income | $2,500,000 | |
Depreciation expense | 340,000 | |
Loss on the sale of investments | 77,000 | |
Increase in accounts receivable | 160,000 |
Rover should report cash provided by operating activities of
a. $1,923,000.
b. $2,500,000.
c. $2,757,000.
d. $3,077,000.
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