Question: DePaul Industries uses the indirect method. Selected information appears below. Net income $370,000 Accounts receivable increase 10,000 Inventory increase 14,000 Loss on sale of equipment

DePaul Industries uses the indirect method. Selected information appears below.

Net income $370,000

Accounts receivable increase 10,000

Inventory increase 14,000

Loss on sale of equipment 6,400

Accounts payable decrease 7,000

Income tax payable decrease 15,000

Depreciation expense 46,000

How much is its net cash flow from operating activities?

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