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Find the cash provided by operating activities for calendar

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Question - Downsview Corp. reported net income for calendar 2020 of $375,000. Additional information follows:

Depreciation on property, plant and equipment $187,500

Bad debts expense 68,750

Purchase of equipment 31,250

Interest paid on long-term bonds 18,750

Loss on sale of equipment 106,250

Based on the above information, find the cash provided by operating activities (indirect method) for calendar 2020?

Reference no: EM132609908

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