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Quatlon 31 Sed financiatoment information and additional data for AAC Co. is presented below Land Equipment Inventory Accounts receivable (net) December 31, 2018 221 000
Quatlon 31 Sed financiatoment information and additional data for AAC Co. is presented below Land Equipment Inventory Accounts receivable (net) December 31, 2018 221 000 789,800 201,600 151 200 December 31, 2015 63.800 504,000 173,000 84.000 6420,000 67,200 Share capital-ordinary Retained eaming Notes payable - Long term Accounts payable Tax payable Accumulated depreciation 487 200 205,800 100,000 85,000 29,400 115,600 168,000 50,400 67,200 84.000 Additional data for 2016: 1. Net Income was 215, 200. 3. Land was sold at its original cost. 4. Dividends of 76,600 were paid 5. Equipment was purchased for cash. 5. Ordinary shares were issued to pay a 67,200 long-term note payable What is ABC, Inc.'s net cash provided (used) by operating activities? U 148.800 B. 281,800 C. 246,800 D. None of the above
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