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Bryant Company reports net income of $22,200. For the year, depreciation expense is $9,200 and the company reports a gain of $5,200 from sale of
Bryant Company reports net income of $22,200. For the year, depreciation expense is $9,200 and the company reports a gain of $5,200 from sale of machinery. It also had a $4,200 loss from retirement of notes. Compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
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