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What vaughn net income was

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Problem 1: The net cash provided by operating activities in Vaughn Manufacturing's statement of cash flows for 2021 was $305000. For 2021, depreciation on plant assets was $90100, amortization of patent was $16400, and cash dividends paid on common stock was $107500. Based only on the information given above, Vaughn's net income for 2021 was

1. $16400.
2. $306000.
3. $198500.
4. $305000.

Reference no: EM132904403

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