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Cash Flows from Operating Activities - Indirect Method The net income reported on the income statement for the current year was $ 1 3 0

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Cash Flows from Operating Activities-Indirect Method
The net income reported on the income statement for the current year was $130,300. Depreciation recorded on store equipment for the year amounted to $21,500. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:
\table[[,End of Year,Beginning of Year],[Cash.,$51,080,$46,990
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