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S Company reported net income for 2021 in the amount of $490,000. The company's financial statements also included the following: Increase in accounts receivable $
S Company reported net income for 2021 in the amount of $490,000. The company's financial statements also included the following:
Increase in accounts receivable | $ | 76,000 | |
Decrease in inventory | 66,000 | ||
Increase in accounts payable | 250,000 | ||
Depreciation expense | 107,000 | ||
Gain on sale of land | 143,000 | ||
What is net cash provided by operating activities under the indirect method?
Multiple Choice
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$694,000.
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$632,000.
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$846,000.
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$1,132,000.
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