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Use the Information Below to Answer the Following Questions About

Question 30

Multiple Choice

Use the information below to answer the following questions about the Canary Cruises Corporation.
The Canary Cruises Corporation Income Statement Accounts for the year ending December 31,2017  Account  Balance  Cost of goods sold $345,000 rrterest expense $79,000 Taxes $57,100 Reverue $836,000 Selling, general, and adrniristrative expenses $93,000 Depreciation $126,000\begin{array} { | l | c | } \hline \text { Account } & \text { Balance } \\\hline \text { Cost of goods sold } & \$ 345,000 \\\hline \text { rrterest expense } & \$ 79,000 \\\hline \text { Taxes } & \$ 57,100 \\\hline \text { Reverue } & \$ 836,000 \\\hline \text { Selling, general, and adrniristrative expenses } & \$ 93,000 \\\hline \text { Depreciation } & \$ 126,000 \\\hline\end{array}
-Refer to the Canary Cruises Corporation Corporation Income Statement Accounts.What is the operating cash flow for the Canary Cruises Corporation for 2017?


A) $340,900
B) $654,750
C) $261,100
D) $528,000

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