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Brief Exercise 13-5 The comparative statement of financlal position for Ivanhoe Corporation shows the following noncash current asset and llability accounts at March 31: 2018

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Brief Exercise 13-5 The comparative statement of financlal position for Ivanhoe Corporation shows the following noncash current asset and llability accounts at March 31: 2018 2017 Accounts receivable $65,000 D,500 72,000 61,000 Accounts payable31,500 44,000 1,100 2,100 Dividends payable 1100210 var hoes ncome statement reported he llowing selected form ation or he year ended March 31, 2018: net income as $270,000 depreciation expense was 68,000, and uss on he dsposal of and was $10,000 net cash provided (used) by operating activities using the indirect method Show dmounts that decrease cash flow with either -sin ec 15,000 orin parenthesis ec (15,000 anhoe uses a perpetual r een ory system. Calculate ANHOE CORPORATION Statement of Cash Hows (Partial)-Indiredt Method Operating activitdes Acjustments to reconola net income to Question Attempts: 0 of 2 used

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