the following data are available for bill mack corporation 535337

The following data are available for Bill Mack Corporation.

Net income

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$200,000

Depreciation expense

40,000

Dividends paid

60,000

Gain on sale of land

10,000

Decrease in accounts receivable

20,000

Decrease in accounts payable

30,000

Net cash provided by operating activities is:

(a) $160,000.

(b) $220,000.

(c) $240,000.

(d) $280,000.

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