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Dorman Company reported the following data: Net income Depreciation expense $225,000 25,000 20,500 14,000 3,600 Gain on disposal of equipment Decrease in accounts receivable Decrease
Dorman Company reported the following data: Net income Depreciation expense $225,000 25,000 20,500 14,000 3,600 Gain on disposal of equipment Decrease in accounts receivable Decrease in accounts payable Required: Prepare the cash flows from operating activities section of the statement of cash flows using the Indirect method. Refer to the Bar of Amount Descriptions for the exact wording of the answer choices for text entries Use the minus Sign to indicate cash outflows, cash payments, decreases in cash and for any edjustments if required
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