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Table 1 Jones Company Financial Information December 2008 December 2009 Net income $1,500 $3,000 Accounts receivable 750 750 Accumulated depreciation 1,125 1,500 Common stock 4,500

Table 1

Jones Company Financial Information

December 2008

December 2009

Net income

$1,500

$3,000

Accounts receivable

750

750

Accumulated depreciation

1,125

1,500

Common stock

4,500

5,250

Paid-in capital

7,500

8,250

Retained earnings

1,500

2,250

Accounts payable

750

750

Based on the information in Table 1, calculate the after tax cash flow from operations for 2009 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable)

Please answer and show how the answer was calculated

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