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Exercise 12-8 The information in the table is from the statement of cash flows for a company at four different points in time (M, N, O, and P) Negative values are presented in parentheses For each point in time, state whether the company is most likely in the introductory phase, growth phase, maturity phase, or decline phase. Point in Time Net cash provided by operating activities Cash provided by investing activities Cash provided by financing activities Net income Phase $ (60,000) (100,000) 70,000 (38,000) 30,000 25,000 (90,000) 10,000 $120,000 30,000 (50,000) 100,000 $(10,000) (40,000) 120,000 (5,000) Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT