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a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the direct method. Use the minus sign to indicate
a. Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the direct method. Use the minus sign to indicate any cash outflows or negative amounts. cash received from customers__________________ $279,900 deduct cash payments for merchandise_____________? deduct cash payments for operating expenses________? deduct cash payments for income taxes___________? _______? Net cash flow from operating activities____________________ $52,320
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