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

Net income $40,300

Dividends paid 6,520

Increase in accounts receivable 10,330

Increase in accounts payable7,270

Purchase of equipment (capital expenditure) 8,360

Depreciation expense 4,270

Issue of notes payable23,200

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

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