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The net income reported on the income statement for the current year was $541000. Depreciation recorded on plant assets was $81000. Accounts receivable and inventories
The net income reported on the income statement for the current year was $541000. Depreciation recorded on plant assets was $81000. Accounts receivable and inventories increased by $42000 and $17000, respectively. Prepaid expenses and accounts payable decreased by $2000 and $34000, respectively. How much cash was provided by operating activities?
510000
531000
493000
713000
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