Net cash flow provided by operating activities

Net cash flow provided by operating activities

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Reference no: EM13862434

Net income of Lucky Company was $57,000. The accounting records reveal depreciation expense of $109,000 as well as increases in prepaid rent, salaries payable, and income taxes payable of $81,500, $17,200, and $15,500, respectively. What is the net cash flow provided (used) by operating activities?

Reference no: EM13862434

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