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Additional Info: -Net income for the fiscal year was 46,440 -Equipment that cost $34,400 and was 70% depreciated was sold during 2024 for a gain
Additional Info:
-Net income for the fiscal year was 46,440
-Equipment that cost $34,400 and was 70% depreciated was sold during 2024 for a gain of 3,440
-No patents were purchased or sold during the fiscal year
Prepare the statement of cash flows using the indirect format.
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