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Simpson, Inc. reported $100,000 cash provided by operating activities. The company paid $30,000 to purchase production equipment and paid $10,000 in dividends. How much is

Simpson, Inc. reported $100,000 cash provided by operating activities. The company paid $30,000 to purchase production equipment and paid $10,000 in dividends. How much is Simpsons free cash flow?

A.

$140,000

B.

$70,000

C.

$60,000

D.

$100,000

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