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Beautiful Industries began 2 0 2 1 with its accounts receivable, inventory, and prepaid expenses totaling $ 5 3 , 0 0 0 and its

Beautiful Industries began 2021 with its accounts receivable, inventory, and prepaid expenses totaling $53,000 and its total current liabilities totaling $38,000. At the end of the year, these same current assets totaled $48,000, while its total current liabilities totaled $30,000. Net income for the year was $85,000. Included in net income were a $3,000 lossloss on the sale of land and depreciation expense of $10,000. Show how BeautifulBeautiful should report cash flows from operating activities for 2021. The company uses the indirect method. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Question content area bottom Part 1 Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Net cash provided by (used for) operating activities

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