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Assume that Quimby Corporation only uses the INDIRECT METHOD for computing their statement of cash flows. Selected accounts from Quimby Corp. ' s balance sheet

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Assume that Quimby Corporation only uses the INDIRECT METHOD for computing their statement of cash flows. Selected accounts from Quimby Corp.'s balance sheet accounts as of December 31,2014 and 2015 are presented below.
\table[[,December 31,],[,2015,2014],[Cash,$110,000,$50,000
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