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The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) $47,000 Depreciation Expense $10,000 Decrease in Accounts Payable
The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) $47,000 Depreciation Expense $10,000 Decrease in Accounts Payable $2,600 Decrease in Inventory $3,100 Increase in Bonds Payable $11,000 Sale of Common Stock for cash $30,200 Increase in Accounts Receivable $4,700 Based on this information, the net cash provided by operating activities using the indirect method would be:
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