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Vaughn Company reported net income of $59000 for the year. During the year, accounts receivable decreased by $7900, accounts payable increased by $4200 and depreciation
Vaughn Company reported net income of $59000 for the year. During the year, accounts receivable decreased by $7900, accounts payable increased by $4200 and depreciation expense of $5400 was recorded. Using the indirect method, net cash provided by operating activities for the year is $46900.$76500.$57300.$53600.
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