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Brief Exercise 12-4 Vaughn Manufacturing reported net income of $1.5 million in 2017. Depreciation for the year was $153,000, accounts receivable decreased $343,900, and accounts

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Brief Exercise 12-4 Vaughn Manufacturing reported net income of $1.5 million in 2017. Depreciation for the year was $153,000, accounts receivable decreased $343,900, and accounts payable decreased $282,900. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000).) Vaughn Manufacturing Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to

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