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1.Debit changes to currents assets are added or subtracted from net income ________________? 2.Debit changes to current liabilities are added or subtracted from net income

1.Debit changes tocurrents assetsare added or subtracted from net income ________________?

2.Debit changes tocurrent liabilitiesare added or subtracted from net income ________________?

3.Gains on redemption of bonds are added or subtracted from net income __________?

4.Would the amortization of bonds payable (premium) effect the statement of cash flow and if so how (might have to think this one out)?

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