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What was the amount of cash provided by operating activities

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Reference no: EM132961966

Problem - During 2020 the DLD Company had a net income of $85,000. In addition, selected accounts showed the following changes:

Accounts Receivable $3,000 increase

Accounts Payable 1,000 increase

Buildings 4,000 decrease

Depreciation Expense 1,500 increase

Bonds Payable 8,000 increase

Required - What was the amount of cash provided by operating activities?

Reference no: EM132961966

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