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Take me to the text The net income for the year ended on May 31, 2020 for RC Corporation was $148,000. Additional data for the
Take me to the text The net income for the year ended on May 31, 2020 for RC Corporation was $148,000. Additional data for the year is provided below. Loss on retirement of debt $18,500 Purchase of property, plant & equipment $293,000 Depreciation of property, plant & equipment $12,600 Dividends declared $58,000 Increase in office supplies $22,000 Loss on sale of property $15,000 Issue of common shares $12,600 Calculate the increase or decrease in cash from operating activities. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. X Increase or decrease in cash from operating activities = $ 122500 Check nich button
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