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Thomas Company has an accrual basis net income of $156,000 and the following related items: Amortization expense $39,000 Accounts receivable decrease 21,000 Inventory decrease 15,000
Thomas Company has an accrual basis net income of $156,000 and the following related items:
Amortization expense | $39,000 |
Accounts receivable decrease | 21,000 |
Inventory decrease | 15,000 |
Interest payable increase | 18,000 |
Dividends paid | 3,000 |
What is Thomas Company's net cash flow from operating activities for the year?
Select one:
A. $249,000
B. $ 111,000
C. $ 141,000
D. $243,000
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