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A company has a net cash inflow from operating activities of $807000, a net cash outliow of $86,000 from investing activities and a net cash

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A company has a net cash inflow from operating activities of $807000, a net cash outliow of $86,000 from investing activities and a net cash Inflow of $102,200 from financing activities. The company paid $142,000 in interest, $195,500 in income taxes, and $218,000 in cash dividends. Which of the following statements about the statement of cash flows is not correct? Multiple Choice Supplemental disclosures required for a company using the Indirect method include the amount of interest and the amount of Income taxes paid The statement of cash flows will show a net increase in cash and cash equivalent of $823,200 If the direct method is used the $142.000 of interest paid and the $195,500 of income taxes paid will be reported in the cash flows from operating activities The cash dividends of $218.000 paid will be reported as a cash outflow in the cash flow from investing activities

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