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The net income for Metz Co. for 2020 was $300,100. For 2020, depreciation on plant assets was $68,600, and the company incurred a loss on
The net income for Metz Co. for 2020 was $300,100. For 2020, depreciation on plant assets was $68,600, and the company incurred a loss on disposal of plant assets of $10,100.
Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts.(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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