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The following information is available from the current period financial statements: Net income $87, 500 Depreciation expense 14,000 Increase in accounts receivable 8,000 Decrease in

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The following information is available from the current period financial statements: Net income $87, 500 Depreciation expense 14,000 Increase in accounts receivable 8,000 Decrease in accounts payable 10, 500 The net cash flow from operating activities using the indirect method is a. $55,000 b. $83,000 c. $120,000 d. $92,000

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