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How much cash was provided by operating activities

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Question - The net income reported on the income statement for the current year was $581000. Depreciation recorded on plant assets was $87000. Accounts receivable and inventories increased by $46000 and $18000, respectively. Prepaid expenses and accounts payable decreased by $2000 and $36000, respectively. How much cash was provided by operating activities?

Reference no: EM132535288

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