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XYZ Company had Net Income for the year of $65,000. Depreciation Expense for the year was $10,000. Inventory increased by $8,000 during the year, and
XYZ Company had Net Income for the year of $65,000. Depreciation Expense for the year was $10,000. Inventory increased by $8,000 during the year, and Accounts Payable increased by $6,000. What was the Net Cash Flow from Operating Activities using the Indirect Method (assume that no other account balances changed that would impact the computation).
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