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Complete the statement of sources and uses of cash from the following entries: Net income $2,600 Dividends 900 Additions to inventory 230 Additions to receivables
Complete the statement of sources and uses of cash from the following entries: Net income $2,600 Dividends 900 Additions to inventory 230 Additions to receivables 260 Depreciation 200 Reduction in payables 660 Net issuance of long-term debt 410 Sale of fixed assets 170 Sources Issued long-term debt $ Sale of fixed assets Cash from operations: Net income Depreciation Total sources $ Uses Additions to inventory $ Increase in accounts receivable Decrease in accounts payable Payment of dividends Total uses $
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