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What amount will the corporation report as the cash

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Reference no: EM132032202

Question - A corporation reported the following information for the past year:

Net income $200,000

Depreciation expense $30,000

Gain on sale of truck $5,000

Proceeds from sale on truck $8,000

Decrease in accounts receivable $10,000

Assuming these are the only facts, what amount will the corporation report as the Cash Provided by Operating Activities on the cash flow statement?

Reference no: EM132032202

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