(Answered) Question - in 2016 abc corporation borrowed 190000 paid

Accounting

Question - In 2016, ABC Corporation borrowed $190,000, paid dividends of $48,000, issued 2,000 shares of stock for $30 per share, purchased land for $250,000, and received dividends of $20,000. Net income was $300,000, and depreciation for the year totaled $15,000. How much should be reported as net cash provided by operating activities by the indirect method?

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