(L05) Ames Company reported 2017 net income of $151,000. During 2017, accounts receivable increased by $13,000 and...
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(L05) Ames Company reported 2017 net income of $151,000. During 2017, accounts receivable increased by $13,000 and accounts payable increased by $9,500. Depreciation expense was $44,000. Prepare the cash flows from operating activities section of the statement of cash flows.
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