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Currently Art is charged $1,237,600 Depreciation on the Income Statement of Andrews. Andrews is planning for an increase in this depreciation. On the financial statements
Currently Art is charged $1,237,600 Depreciation on the Income Statement of Andrews. Andrews is planning for an increase in this depreciation. On the financial statements of Andrews this will do which of the following?
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Decrease Net Cash from Operations on the Cash Flow Statement.
Increase Net Cash from Operations on the Cash Flow Statement.
Have no impact on the Net Cash from Operations as depreciation appears in both Cash Flow and the Income Statement.
Decrease Net Cash from Operations on the Income Statement.
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