The net income for mongan co for 2017 was 280000 for 2017, Accounting Basics

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The net income for mongan co for 2017 was 280000 for 2017

Question: The net income for Mongan Co. for 2017 was $280,000. For 2017, depreciation on plant assets was $70,000, and the company incurred a loss on disposal of plant assets of $28,000. Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts.

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Accounting Basics: The net income for mongan co for 2017 was 280000 for 2017

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