A company had net income of $349680. Depreciation expense is $32240. During the year, accounts receivable and
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A company had net income of $349680. Depreciation expense is $32240. During the year, accounts receivable and inventory increased $18600 and $49600, respectively. Prepaid expenses and accounts payable decreased $2480 and $17360, respectively. There was also a loss on the sale of equipment of $21080. How much cash was provided by operating activities?
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