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What is the company net change in cash as reported

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Question - A company reports a loss of $700,000 and depreciation of $180,000 for Year 2. Between Year 1 and Year 2, accounts receivable increased by $60,000 and inventory decreased by $39,000. Accounts payable decreased by $40,000. The company issued 1,000 shares of stock with par value of $100 and sold them at par (assume no fees). What is the company's net change in cash as reported on its cash flow statement?

Reference no: EM133110249

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