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What amount would Perrymore report for Cash

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Reference no: EM133039345

Problem - Perrymore reports the following items related to the statement of cash flows:

Net loss $35,000

Gain on sale of equipment $17,000

Purchase of equipment $26,200

Depreciation expense $49,000

Increase in accounts receivable $3,500

Increase in income tax payable $8,600

Cash received from sale of bonds $86,000

Required - What amount would Perrymore report for Cash from operating activities?

Reference no: EM133039345

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