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Use the appropriate information from the data provided below to calculate the net cash provided (used) by operating activities for the period. Net income
Use the appropriate information from the data provided below to calculate the net cash provided (used) by operating activities for the period. Net income $113,000 Accounts receivable increase (for the period) Inventory decrease (for the period) 24,000 19,000 Proceeds from the issuance of long-term debt 260,000 Accounts payable decrease (for the period) 11,000 Purchases of equipment Depreciation and amortization expense 175,000 42,000
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