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Total net cash flow from operating activities

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Reference no: EM13516696

Nordic Corporation's accumulated depreciation-furniture increased by $3,500, while patents decreased by $1,800 between balance sheet dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a gain of $12,500 from the sale of land. Reconcile a net income of $125,000 to net cash flow from operating activities.

Reference no: EM13516696

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