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Cullumber Company reported net income of $162,030. It reported depreciation expense of $12,520 and accumulated depreciation...

Cullumber Company reported net income of $162,030. It reported depreciation expense of $12,520 and accumulated depreciation of $48,710. Amortization expense was $6,640. Cullumber Company purchased new equipment during the year for $50,660.

Determine net cash provided by operating activities under the direct method.

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