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18 QS 16-18 Indirect: Preparing statement of cash flows LO P2, P3 344 points Use the following information of VPI Co to prepare a statement

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18 QS 16-18 Indirect: Preparing statement of cash flows LO P2, P3 344 points Use the following information of VPI Co to prepare a statement of cash flows for the year ended December 31 using the indirect method. (Amounts to be deducted should be indicated by a minus sign) CASA best prior year-end Increase in inventory Depreciation expense Cath received from using stock Cash paid for dividende CAIR A Sale of machinery 5.400 Cal received from sale of the 4,400 Increase in te payable 8.600 1,400 seere interese 9.700 1,700 27.000 3.000 VPI CO. Statement of Cash Flows (Indirect Method) For Current Year Ended December 31 Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities $ 0 rences Cash flows from investing activities 0 Cash flows from financing activities 0 $ 0 0

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