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Hilton Company reported net income of $90,000 for the year.

Hilton Company reported net income of $90,000 for the year. During the year, accounts receivable increased by $21,000, accounts payable decreased by $9,000 and depreciation expense of $15,000 was recorded. Net cash provided by operating activities for the year is:

a. 75,000
b. 87,000
c. 90,000
d. 135,000

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