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The net income for Sweet Acacia Industries for 2017 was $253,500. For 2017, depreciation on plant assets was $77,000, and the company incurred a loss
The net income for Sweet Acacia Industries for 2017 was $253,500. For 2017, depreciation on plant assets was $77,000, and the company incurred a loss on disposal of plant assets of $25,700. 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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