Se Heip Kola Corporation reports net income of $590000 that includes depreciation expense of $79,000 Also,...

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Se Heip Kola Corporation reports net income of $590000 that includes depreciation expense of $79,000 Also, cash of $46.000 wa

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Answer 1

Answer #1

Total cash inflows from operating activities = Net income+Depreciation = 590000+79000= $669,000

Cash borrowed from Note payable is a Financing activity.

$669,000 is correct option

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Answer 2

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