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The Following Information Relates to the Jordan, Inc What Is the Net Cash Provided by Operating Activities?
A)$2

Question 8

Multiple Choice

The following information relates to the Jordan, Inc:  Depreciation expense $500 Increase in salaries payable 50 Purchased operating equipment 700 Net income 3,000 Paidlong term note payable 600 Paid dividends 900 Increase in accmuntereceivahle 400\begin{array}{ll}\text { Depreciation expense } & \$ 500 \\\text { Increase in salaries payable } & 50 \\\text { Purchased operating equipment } & 700\\\text { Net income } & 3,000 \\ \text { Paidlong term note payable } & 600 \\\text { Paid dividends } & 900 \\\text { Increase in accmuntereceivahle } & 400\end{array}
What is the net cash provided by operating activities?


A) $2, 100
B) $2, 650
C) $3, 200
D) $3, 150

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