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E12-6 Preparing and Evaluating a Simple Statement of Cash Flows (Indirect Method) [LO 12-2, LO 12-5] Suppose your company reports $210 of net income and

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E12-6 Preparing and Evaluating a Simple Statement of Cash Flows (Indirect Method) [LO 12-2, LO 12-5] Suppose your company reports $210 of net income and $50 of cash dividends paid, and its comparative balance sheet indicates the following. Beginning 45 125 295 $465 Ending $255 225 185 $665 $100 110 455 $665 Cash Accounts Receivable Inventory Total Salaries and Wages Payable Cosmon Stoc)k Retained Earnings s 20 150 295 $465 Total Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities

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