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3 A company provides the following information related to its current year operations: 4 Net income 5 Depreciation expense $200,000 $44,000 6 7 Book

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3 A company provides the following information related to its current year operations: 4 Net income 5 Depreciation expense $200,000 $44,000 6 7 Book Value Selling Price 8 Sale of land $130,000 $148,000 9 10 Beginning Ending 11 Accounts receivable $32,000 $28,000 12 Supplies $8,000 $12,000 13 Prepaid rent $5,000 $7,000 14 15 Accounts payable 16 Salaries payable $19,000+ $25,000 $19,000 17 Income tax payable $12,000 $20,000 18 $15,000 19 Required: 20 Complete the Operating Activities section of the Statement of Cash Flows using the indirect method. 21 (Use cells A2 to C17 from the given information above to complete this question. Input cash inflows as 22 positive values and cash outflows as negative values.) 23 24 25 26 27 28 29 30 31 AL

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