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Consider the following information about Krol Corporation for the year 2020: Increase in inventory $ 8,000 Increase in property plant and equipment 25,000 Amortization expense

Consider the following information about Krol Corporation for the year 2020:

Increase in inventory

$ 8,000

Increase in property plant and equipment

25,000

Amortization expense

3,000

Decrease in patent

3,000

Net Income

67,900

Increase in interest payable

3,600

Decrease in cash

9,700

Loss on early retirement of bonds

4,240

Decrease in accounts receivable

6,000

Sales revenue

153,000

Decrease in accounts payable

12,910

Depreciation expense

16,500

Unrealized holding gain on AFS debt securities

4,000

Interest expense

8,000

Increase in prepaid rent

5,000

Decrease in wages payable

7,200

Prepare the operating section of the 2020 statement of cash flows for Krol Corporation using the indirect method.

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