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Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net income Depreciation expense Gain on

Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net income Depreciation expense Gain on sale of land Increase in merchandise inventory Increase in accounts payable $ 85,900 12,600 8,100 2,650 6,750 $37,700. $29,600. $94,500. $14.200

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