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  3. telfer, inc. reported net income of $2.1 million i

Telfer, Inc. reported net income of $2.1 million in 2017. Depreciation for the year was...

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Accounting

Telfer, Inc. reported net income of $2.1 million in 2017. Depreciation for the year was $164,500, accounts receivable decreased $355,400, and accounts payable decreased $294,300. Compute net cash provided by operating activities using the indirect method.

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