The Longbow-Miller Company uses the indirect method to prepare its statement of cash flows. When calculating the
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The Longbow-Miller Company uses the indirect method to prepare its statement of cash flows. When calculating the net cash provided (used) by operations, which of the following items would be deducted from net income?
a. Gain on sale of land
b. Cash paid for income taxes
c. Depreciation expense
d. Cash paid for dividends
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