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Blue Lagoon Co.'s net income reported on the income statement for the current year was $150,000. Depreciation recorded on equipment and a building amount to

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Blue Lagoon Co.'s net income reported on the income statement for the current year was $150,000. Depreciation recorded on equipment and a building amount to $50,500 for the year. Selected balance sheet items at the beginning and end of the year are as follows: Required: Prepare Blue Lagoon Co.'s Statement of Cash Flows of the financial year 2021, for the Operating Activities section only, using the indirect method

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