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The following information is available from the current period financial statements: Net income $116,163 Depreciation expense 20,200 Increase in accounts receivable 16,960 Decrease in accounts
The following information is available from the current period financial statements:
Net income | $116,163 |
Depreciation expense | 20,200 |
Increase in accounts receivable | 16,960 |
Decrease in accounts payable | 20,465 |
The net cash flow from operating activities using the indirect method is
a.$98,938
b.$116,163
c.$173,788
d.$58,538
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