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How much cash was provided by operating activities

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Question - Blossom Company had net income of $1050200 for the year ending 12/31/2022. Depreciation expense for 2022 is $129800. During the year, accounts receivable and inventory increased $70800 and $188800, respectively. Prepaid expenses and accounts payable decreased $9440 and $18880, respectively. There was also a loss on the sale of equipment of $14160. How much cash was provided by operating activities in 2022?

Reference no: EM132592463

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