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Which of the following activities is an operating activity?
Creditors
Individuals or entities that loan money or extend credit to others.
Chapter 12 Bankruptcy
A type of bankruptcy specifically designed for family farmers and fishermen, providing for debt restructuring.
Farm Expenses
Costs associated with the operation, maintenance, and management of a farm, including but not limited to feed, seed, fertilizer, and equipment maintenance.
Total Income
Total Income refers to the combined sum of all earnings, receipts, and gains of an individual or entity during a specific period, before any deductions are made.
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