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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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