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Alpha Pharmaceuticals presents the following information for the year: Net income: $200,000 Depreciation expense: $50,000 Increase in accounts receivable: $30,000 Decrease in inventory: $20,000 Increase

Alpha Pharmaceuticals presents the following information for the year:

  • Net income: $200,000
  • Depreciation expense: $50,000
  • Increase in accounts receivable: $30,000
  • Decrease in inventory: $20,000
  • Increase in accounts payable: $10,000
  • Purchase of equipment: $100,000 Prepare the cash flow statement using the indirect method.

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