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3. Pettygrove Inc. reported the following data Net income Depreciation expense Gain on disposal of equipment Decrease in accounts receivable Decrease in accounts payable $405,000

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3. Pettygrove Inc. reported the following data Net income Depreciation expense Gain on disposal of equipment Decrease in accounts receivable Decrease in accounts payable $405,000 45,000 36,900 25,200 6,480 oy Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method

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