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The given information is available for ABC Company for the first month of the year.

Revenues.......$20,000
Expenses........$7,500
Increase in accounts receivable......$500
Increase in inventory....................$1,100
Decrease in supplies.....................$300
Decrease in accounts payable........$1,600
Decrease in wages payable............$850
Depreciation expense....................$2,230

Find out the cash flow from the operating activities.

Accounting Basics, Accounting

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  • Reference No.:- M919167

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