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When using the indirect method to prepare the statement of cash flows, net income is...

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Accounting

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When using the indirect method to prepare the statement of cash flows, net income is $25,000. There was a gain on disposal of an asset of $2,500, depreciation expense of $400, an increase in Accounts Receivable of $1,000, and a decrease in Accounts Payable of $2,500. What is the net cash flow from operating activities? A. $26,900 B. $31,400 C. $19,400 D. $21,900

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