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The total interest on a $10,000, 4%, 3-month note receivable is $400. $200. $100. $1,200. Net income reported for the current year was $222,000. Depreciation

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The total interest on a $10,000, 4%, 3-month note receivable is $400. $200. $100. $1,200. Net income reported for the current year was $222,000. Depreciation expense was $35,000. Accounts Receivable and Inventories increased $4,000 and $7,000, respectively. Prepaid Expenses and Accounts Payable decreased $3,000 and $9,000, respectively. Using the indirect method, how much cash was provided by operating activities? $170,000 $258,000 $240,000 $180.000 If interest is due at maturity, a $50,000, 4%, 9-month note payable requires an interest payment of $167. $222 $2.000. $1,500

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