Robinson Company reported a net loss of $23,000 during the year. Comparing beginning and ending balances, you determine the following: (1) accounts receivable increased by $8,000; and (2) accrued expenses payable increased by $5,000 . What was the amount of cash used in operating activities during the year?
a. $26,000
b. $36,000
c. $20,000
d. $10,000
A
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