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Volutia Corporation's comparative financial statements included the following amounts for the current year: Depreciation expense $112,000 Loss on sale of fixed assets 38,000 Decrease in
Volutia Corporation's comparative financial statements included the following amounts for the current year: Depreciation expense $112,000 Loss on sale of fixed assets 38,000 Decrease in fixed assets 155,000 Increase in accounts receivable 37,000 Decrease in accounts payable 42,000 Decrease in inventory 65,000 Increase in taxes payable 19,000 Net income 732,000 Compute net cash provided by operating activities using the indirect method. O A. $849,000 B. $732,000 O C. $887,000 D. $666,000
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