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The following information for 2017 is extracted from MontRoyal Ltd.: Income $129,400 increase in accounts receivable 3,600 decrease in merchandise inventory 17,200 decrease in prepaid
The following information for 2017 is extracted from MontRoyal Ltd.: Income $129,400 increase in accounts receivable 3,600 decrease in merchandise inventory 17,200 decrease in prepaid expenses 400 increase in accounts payable 800 loss on sale of equipment 2,800 Payment of cash dividend 5,000 Calculate the cash provided (or used) from operating activities.
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