Lucia Ltd. reported net income of $135,400 for the year ended December 31, 2016. January...
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Lucia Ltd. reported net income of $135,400 for the year ended December 31, 2016. January 1 balances in accounts receivable and accounts payable were $28,200 and $26,500, respectively. Year-end balances in these accounts were $32,000 and $22,400, respectively. Assuming that all relevant information has been presented, Lucia's cash flows from operating activities would be:
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