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Scranton, Inc. reports net income of $236,000 for the year ended December 31. It also reports $90,300 depreciation expense and a $5,300 gain on the

Scranton, Inc. reports net income of $236,000 for the year ended December 31. It also reports $90,300 depreciation expense and a $5,300 gain on the sale of equipment. Its comparative balance sheet reveals a $36,700 decrease in accounts receivable, a $16,350 increase in accounts payable, and a $12,900 decrease in wages payable. Calculate the cash provided (used) in operating activities using the indirect method.

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weges poyebie. Caiculste the ceah provided lused) in operating sctvit ea using the ind rect method. Mulaiol Cheise 5270,590 $356,490 5356.950 5328,450 535:,50

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