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During 2021, Orton Company earned net income of 384,000 which included depreciation expense of 78,000. In addition, the company experienced the following changes in the account balances listed below:
Increases Decreases
Accounts payable 45,000 Accounts receivable 12,000
Inventory 36,000 Accrued liabilities 24,000
Prepaid insurance 33,000
Problem 1: Based upon this information what amount will be shown for net cash provided by operating activities for 2021?
a. 492,000 b. 465,000 c. 285,000 d. 267,000
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