Transactions contributed to the cash increase

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Reference no: EM13987791

Erie Corporation s cash flow statement shows an increase in cash of $1,126,357. Which of the following transactions contributed to the cash increase?

A decrease in accounts payable of $1,126,357

A decrease in accounts receivable of $730,114

A decrease in long term bonds of $954,598

An increase in inventory of $759,885

Reference no: EM13987791

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