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STATEMENT OF CASH FLOW: Company A has net income of 1,000,000, depreciation of 500,000, an increase in accounts receivable of 300,000 and an increase in

STATEMENT OF CASH FLOW: Company A has net income of 1,000,000, depreciation of 500,000, an increase in accounts receivable of 300,000 and an increase in accounts payable of 100,000. Using the indirect method, what is the amount for net cash flow from operating activities?

A. 1,900,000

B. 1,700,000

C. 1,500,000

D. 1,100,000

E. None of the above

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