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The following information is for B Inc. for 2022: Net income was $1,700,000. Depreciation expense was $400,000. Interest paid was $400,000. Income taxes paid were

The following information is for B Inc. for 2022:

Net income was $1,700,000.

Depreciation expense was $400,000.

Interest paid was $400,000.

Income taxes paid were $100,000.

Common stock was sold for $200,000.

Preferred stock (8% annual dividend) was sold at par value of $250,000.

Common stock dividends of $50,000 were paid.

Equipment with a book value of $0 was sold for $200,000.

Using the indirect method, what was B Inc.'s net cash flow from operating activities for 2022?

a.

$2,000,000

b.

$2,100,000

c.

$2,080,000

d.

$1,900,000

e.

$1,700,000

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