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A company had net income of $219,632. Depreciation expense is $26,812. During the year, Accounts Receivable and Inventory increased $14,869 and $27,331, respectively. Prepaid Expenses and Accounts Payable decreased $2,165 and $7,445, respectively. There was also a loss on the sale of equipment of $4,410. How much cash was provided by operating activities?

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Category:- Accounting Basics
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