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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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