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In preparing a company's statement of cash flows using the indirect method, the following information is available:
Net income | $ 57,500 |
---|---|
Accounts payable decreased by | 23,500 |
Accounts receivable increased by | 30,500 |
Inventories increased by | 10,500 |
Cash dividends paid | 15,100 |
Depreciation expense | 25,500 |
Net cash provided by operating activities was:
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