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The comparative balance sheets for Bramble Company show these changes in noncash current asset accounts: accounts receivable decreased $78,500, prepaid expenses increased $25,400, and inventories
The comparative balance sheets for Bramble Company show these changes in noncash current asset accounts: accounts receivable decreased $78,500, prepaid expenses increased $25,400, and inventories increased $43,700. Compute net cash provided by operating activities using the indirect method, assuming that net income is $217,200. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).)
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