Use the following information and the indirect method to calculate the net cash provided or...
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Accounting
Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net income $86, 300 Depreciation expense 13,000 Gain on sale of land 7, 300 Increase in merchandise inventory 3,050 Increase in accounts payable 7,150 Multiple Choice o $14,600. o 5377oo. o 396100. o 5
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