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Question - Keyser Beverage Company reported the following items in the most recent year.

Net income $40,560

Dividends paid 6,340

Increase in accounts receivable 11,070

Increase in accounts payable 7,150

Purchase of equipment (capital expenditure) 9,380

Depreciation expense 6,150

Issue of notes payable 24,110

Compute net cash provided by operating activities, the net change in cash during the year.

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