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How much was the cash provided by operating activities

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Question - Robotics reported a net income of P1,250,000 for the year ended June 30, 2014. The following date were gathered:

Impairment loss on available for sale P 2,500

Depreciation expense 30,000

Bad debts expense 12,500

Loss on sale of land 50,000

Gain on early extinguishment of debt 175,000

Purchase of long term investment 137,500

Increase in balance of accounts receivable during 2014 20,000

Required - How much was the cash provided by operating activities?

Reference no: EM132704533

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