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Business, 05.08.2021 21:50 psychocatgirl1

Net income was $54,100; accounts receivable decreased by $14,000; inventory increased by $7,600; proceeds from the issuance of long-term debt were $17,950; accounts payable decreased by $4,800; equipment purchases were $59,500; depreciation and amortization expense was $23,800. (Amounts to be deducted should be indicated with a minus sign). Required: Calculate the net cash provided (used) by operating activities for the period.

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Net income was $54,100; accounts receivable decreased by $14,000; inventory increased by $7,600; pro...
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