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#16 and #17 Accounts receivable arising from sales to customers amounted to $43000 and $50000 at the beginning and end of 2022, respectively. Income reported
#16 and #17
Accounts receivable arising from sales to customers amounted to $43000 and $50000 at the beginning and end of 2022, respectively. Income reported on the income statement for the year was $277000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is O $320000 $277000 O $284000 O $270000 Question 17 3 pts Garfield, Inc, reported a net loss of $13500 for the year ended December 31, 2022. During the year, accounts receivable decreased $6750, inventory increased $10800, accounts payable increased by $13500, and depreciation expense of $8100 was recorded. During 2022, operating activities O used net cash of $4050 O used net cash of $9450. provided net cash of $4050. provided net cash of $9450 Step by Step Solution
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