The income statement for Ryan Corporation showed the following, Net income $81,000 Depreciation expense 8,000...

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Accounting

The income statement for Ryan Corporation showed the following,

Net income $81,000

Depreciation expense 8,000

The balance sheet showed:

Accounts Receivable increase $5,000

Accounts Payable decrease 2,000

Cash flow from operating activities is

  1. $86,000.
  2. $70,000.
  3. $82,000.
  4. d. $66f 000.

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