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A company reported net loss for the year. A company also reported positive cash flows from operating activities. Under the indirect method, in the operating
A company reported net loss for the year. A company also reported positive cash flows from operating activities. Under the indirect method, in the operating activities section of the statement of cash flows, write the phrase on the second line that begins with "adjustments." [Hint: Refer to the sample partial statement of cash flows. Use correct spelling.] Cash flows from operating activities: Net loss Adjustments to reconcile net loss to cash provided by operations: Depreciation and amortization $ (8,813) $ (3,913) $ (2,742) Gain on disposals of property and equipment, net Decrease (increase) in other assets Increase (decrease) in noncurrent workers' compensation Decrease in noncurrent deferred appropriations and other revenue Increase (decrease) in other noncurrent liabilities Changes in current assets and liabilities: Receivables, net Other assets Retiree health benefits Retirement benefits Payables, accrued expenses and other Deferred revenue-prepaid postage, prepaid box rents and other Net cash provided by operating activities 1,697 1,669 1,677 (9) (31) (7) 8 (51) (27) 2,144 (1,371) (2,215) (9) (4) (94) 108 (322) 61 (367) 28 (85) (25) (19) 6 4,564 4,481 4,260 2,678 2,401 2,660 401 (2) 381 88 (99) (52) 2,465 2,767 3,823
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