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Team Shirts,Inc

Question 98

Multiple Choice

Team Shirts,Inc.collected $20,000 from customers,recorded depreciation expense of $5,000,received interest of $100,paid $15,000 of its operating expenses,and paid $500 in dividends.The amount of net cash from (or used) for OPERATING activities is ________.


A) $10,100
B) $100
C) $5,100
D) $9,600

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