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Calculate the net cash flows from operating activities

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Question - From the information given below, calculate the net cash flows from operating activities using the indirect method.

Net income $170,000

Depreciation 5,750

Loss on disposal of plant asset 4,000

Increase in inventory 7,500

Increase in prepaid expenses 5,460

Decrease in accounts payable 6,750

A. $152,040

B. $160,040

C. $173,540

D. $176,460

Reference no: EM131749396

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