Question: Take me to the text The net income for the year ended on August 31, 2020 for RC Corporation was $121,000. Additional data for the

 Take me to the text The net income for the year

Take me to the text The net income for the year ended on August 31, 2020 for RC Corporation was $121,000. Additional data for the year is provided below. Loss on retirement of debt $16,300 Purchase of property, plant & equipment $269,000 Depreciation of property, plant & equipment $19,100 Dividends declared $56,000 Increase in accounts receivable $31,000 Loss on sale of land $20,000 issue of common shares $13,500 Calculate the increase or decrease in cash from operating activities. Do not enter dollar signs or commas in the input boxes Use the negative sign for a decrease in cash. Increase or decrease in cash from operating activities = $ Check

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