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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

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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 sale of land Increase in merchandise inventory Increase in accounts payable $85,5e0 12,200 7,700 2,250 6,350 Multiple Choice $36,500. $14,000 $94,100 $28,800 $13,000

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