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Jackson Company Gathered the Following Data to Prepare Its 20X7

question 23

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Jackson Company gathered the following data to prepare its 20X7 statement of cash flows:  Profit $40,000 Depreciation expense 5,000 Trade receivables decrease 3,000 Wages payable increase 4,000 Amortization of patent 1,000 Income tax payable decrease 2,000\begin{array} { | l | r | } \hline \text { Profit } & \$ 40,000 \\\hline \text { Depreciation expense } & 5,000 \\\hline \text { Trade receivables decrease } & 3,000 \\\hline \text { Wages payable increase } & 4,000 \\\hline \text { Amortization of patent } & 1,000 \\\hline \text { Income tax payable decrease } & 2,000 \\\hline\end{array} Based only on the above data, the net cash inflow from operating activities during 20X7 was which of the following?


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Subcutaneous Test

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Fine-Gauge Needle

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