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Take me to the text The net income for the year ended on August 31, 2016 for SC Corporation was $130,000. Additional data for the

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Take me to the text The net income for the year ended on August 31, 2016 for SC Corporation was $130,000. Additional data for the year is provided below. Loss on retirement of debt $14,200 Purchase of property, plant & equipment $290,000 Depreciation of property, plant & equipment $18,000 Dividends declared $42,000 Decrease in inventory $34,000 Loss on sale of equipment $12,000 issue of common stock in excess of par value $14,900 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. Increase or decrease in cash from operating activities = $

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