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Last year Ark charged $3,751,333 Depreciation on the Income Statement of Andrews. If early this year Ark sold all its depreicable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal):

a) No impact on Net Cash from operations

b) Decrease Net Cash from operations on the Cash Flow Statement

c) Increase Net Cash from operations

d) Just impact the Balance Sheet

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