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Executive Inc. had the following operating balances for 2015: December 31, 2015 January 1, 2015 Accounts...

Executive Inc. had the following operating balances for 2015: December 31, 2015 January 1, 2015 Accounts Payable $54,400 $62,800 Inventory 25,300 29,900 Accounts Receivable 73,600 77,200 All purchases of inventory were on account. Executive provides the following income statement information for 2015: Revenues $ 740,000 Cost of goods sold (360,000) Other expenses (104,000) Depreciation expense (87,000) Loss on sale of equipment (9,000) Net income $ 180,000 Compute cash from operations.

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