Panda Cafe earned net income of $55,000 after deducting depreciation of $8,000 and all other...
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Accounting
Panda Cafe earned net income of $55,000 after deducting depreciation of $8,000 and all other expenses. Current assets decreased by $7,000, and current liabilities increased by $9,000. How much was Panda Cafe's cash provided by operating activities (indirect method)?
A)$31,000
B)$65,000
C)$79,000
D)$45,000
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