Calculate and identify cash flows using the indirect method. (LO 5) Beta Company spent ($ 40,000) for

Question:

Calculate and identify cash flows using the indirect method. (LO 5)

Beta Company spent $\$ 40,000$ for a new delivery truck during the year. Depreciation expense of $\$ 2,000$ related to the truck was shown on the income statement. How are the purchase of the truck and the related depreciation reflected on the statement of cash flows prepared using the indirect method?

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