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The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in

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The data given below are from the accounting records of the Kuhn Corporation: Net Income (accrual basis) Depreciation Expense Decrease in Accounts Payable Decrease in Inventory Increase in Bonds Payable Sale of Common Stock for cash Increase in Accounts Receivable $45,000 9,000 s 2,500 3,000 $10,000 $30,000 4,500 Based on this information, the net cash provided by (used in) operating activities using the indirect method would be: Multiple Choice $50,000 $60,000

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