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Amazing Glory, Inc. knew a net income of $95,000 including $20,500 in depreciation expense. Additional changes from balance sheet are as given.
Accounts Receivable $800
decrease Prepaid Expenses $14,000
decrease Inventory $25,000
increase Accrued Liabilities $6,500
decrease Accounts Payable $12,000
Compute the net cash from operating activities based on the above information.
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