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Solution

Solution :-

Net cash provided by operating activities (indirect method) = Net income + Depreciation + Other non cash expenses + Decrease in accounts receivable - Increase in inventories - Decrease in accounts payable - Decrease in Income tax payable.

= 235 Million + 89 Million + 21 Million + 35 Million - 65 Million - 136 Million - 11 Million

= $ 168 Million.

Conclusion :- Net cash provided by operating activities = $ 168 Million.