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Dorman Company reported the following data: Net income $225,000 Depreciation expense 25,000 Gain on disposal of equipment 20,500 Decrease in accounts receivable 14,000 Decrease in
Dorman Company reported the following data:
| Net income | $225,000 |
| Depreciation expense | 25,000 |
| Gain on disposal of equipment | 20,500 |
| Decrease in accounts receivable | 14,000 |
| Decrease in account payable | 3,600 |
Prepare the Cash Flows from Operating Activities section of the statement of cash flows using the indirect method.
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