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The following information concerns questions 13 -14. A corporation had sales of $10,000 in 2020. The cost of goods sold was $6,500, general and administrative

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The following information concerns questions 13 -14. A corporation had sales of $10,000 in 2020. The cost of goods sold was $6,500, general and administrative expenses were $1,000, and in- terest expenses were $0.00. Non-cash net working capital increased $200 and capital expenditures were $900. Total depreciation expense was $1,000. The firm's tax rate was 35%. 3. Given the above information, what is the firm's cash flow from oper- ating activities? A. $975. B. $1,750. C. $1,575. D. $1,975. E. None of the above

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