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durrand corporatitons accumulated depreciation increased by $12,000, while patents decreased by $2,200 between consecutive balance sheet dates. there were no purchases or sales of depreciable
durrand corporatitons accumulated depreciation increased by $12,000, while patents decreased by $2,200 between consecutive balance sheet dates. there were no purchases or sales of depreciable or intangible assets during the year. in addition, the income statement showed a gain of 4,300 from sale of land. the company earned a net income of $65,000. determine net cash flow from operating activities under the indirect method
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