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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 $ 85,300 Depreciation expense

Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net income $ 85,300 Depreciation expense 12,000 Gain on sale of land 7,500 Increase in merchandise inventory 2,050 Increase in accounts payable 6,150 Group of answer choices $69,900. $108,900. $93,900. $85,700. $81,600

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