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Determine the net cash provided by operating activities

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For the just completed year, Strident Company had net income of $84,000. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows:

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The Accumulated Depreciation account had total credits of $50,000 during the year.

Required:

Using the indirect method, determine the net cash provided by operating activities for the year. 

Reference no: EM13966096

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