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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

  • $694,000.

  • $632,000.

  • $846,000.

  • $1,132,000.

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