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Tasbet Company reported net income of $320,000 for the current year. Included in the computation of net income was: Depreciation expense $80,000 Amortization of a
Tasbet Company reported net income of $320,000 for the current year. Included in the computation of net income was: Depreciation expense $80,000 Amortization of a patent 32,000 Income from an equity - method investment 33,000 Dividends received on equity - method investment Amortization of a bond discount 20,000 Paid a dividend on preferred stock 80,000 What is the amount of net cash provided by operating activities that would be reported as a result of these transactions? A. $453,000 OB. $419,000 OC. $320,000 OD. $465,000
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