In preparing a company's statement of cash flows using the indirect method, the ...
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In preparing a company's statement of cash flows using the indirect method, the following information is available:
| Net income | $ 61,000 |
|---|---|
| Accounts payable decreased by | 27,000 |
| Accounts receivable increased by | 34,000 |
| Inventories increased by | 14,000 |
| Cash dividends paid | 15,800 |
| Depreciation expense | 29,000 |
Net cash provided by operating activities was:
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