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Using the indirect method, calculate the amount of cash flows provided (used) by operating activities from the following data: Net income $392,690 Beginning accounts receivable

Using the indirect method, calculate the amount of cash flows provided (used) by operating activities from the following data:

Net income $392,690

Beginning accounts receivable 54,000

Ending accounts receivable 43,000

Beginning prepaid expenses 8,000

Ending prepaid expenses 2,690

Beginning accounts payable 7,690

Ending accounts payable 17,000

Depreciation expense 46,690

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