Hampton Industries had $58,000 in cash at year-end 2015 and $28,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling $290,000. Cash flow from financing activities totaled +$160,000. Round your answers to the nearest dollar, if necessary. If accruals increased by $10,000, receivables and inventories increased by $170,000, and depreciation and amortization totaled $75,000, what was the firm's net income?

Answer rating: 100% (QA)

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