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Sheridan Company reported net income of $67000 for the year. During the year, accounts receivable decreased by $7900, accounts payable increased by $4500 and depreciation

Sheridan Company reported net income of $67000 for the year. During the year, accounts receivable decreased by $7900, accounts payable increased by $4500 and depreciation expense of $5200 was recorded. Net cash provided by operating activities for the year is

$84600.

$54600.

$65200.

$61800.

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