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Question - A company reports net income of $100 and depreciation expense of $60. Additionally, it has the following changes in its balance sheet accounts for the year:
Accounts receivable $30 Increase
Inventory $10 Decrease
Accounts payable $15 Increase
Common stock $25 Decrease
Long-term debt $40 Increase
Required - What is the company's cash flow from operations for the year?
a. $135
b. $160
c. $155
d. $140
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