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Sheridan Company reported net income of $ 6 9 4 0 0 for the year. During the year, accounts receivable increased by $ 5 8

Sheridan Company reported net income of $69400 for the year. During the year, accounts receivable increased by $5800, accounts payable decreased by $5500 and depreciation expense of $8500 was recorded. Net cash provided by operating activities for the year is
a. $69400.
b. $66600.
c. $61200.
d. $89200.

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