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3. Sandstone Inc. reported the following data Net Income $425,000 Depreciation Expense Loss on disposal of equipment 102,000 12,800 Increase in accounts receivable 72,300

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3. Sandstone Inc. reported the following data Net Income $425,000 Depreciation Expense Loss on disposal of equipment 102,000 12,800 Increase in accounts receivable 72,300 Decrease in accounts payable 15,400 Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method.

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