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38 and 39 please help Wessen Company reports net income of $200, 000 for the year ended December 31, 2013. It also reports $40, 000

image text in transcribed38 and 39 please help
Wessen Company reports net income of $200, 000 for the year ended December 31, 2013. It also reports $40, 000 depreciation expense, $22, 500 amortization expense, and a $15, 000 loss on the sale of machinery. Its comparative balance sheets reveal a $225, 700 increase in accounts receivable, $31, 600 decrease in accounts payable, $15, 000 decrease in prepaid expenses, and $48, 100 decrease in wages payable. What net cash flows are provided (used) by operating activities using the indirect method? ($12, 900) $57.900 $50, 400 ($57, 900) ($50, 400) Walker Company reports net income of $420, 000 for the year ended December 31, 2013. It also reports $75, 600 depreciation expense and a gain of $11, 000 on the sale of machinery. Its comparative balance sheets reveal a $33, 600 decrease in accounts receivable, $17, 220 increase in accounts payable, $9, 240 increase in prepaid expenses, and $13, 020 increase in wages payable. What is the net cash flows provided (used) by operating activities using the indirect method? ($539, 200) $300, 800 $561, 200 ($300, 800) $539, 200

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