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3. Use the following information from Albuquerque Company's financial statements to determine operating net cash flows (indirect method). Net income Change in accumulated depreciation (no

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3. Use the following information from Albuquerque Company's financial statements to determine operating net cash flows (indirect method). Net income Change in accumulated depreciation (no sale of depreciable assets this year) Loss on sale of company truck $325,000 26,200 7,800

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