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eBook Show Me How Calculator Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net Income $211,900 Depreciation expense 57.100 Loss on

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eBook Show Me How Calculator Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net Income $211,900 Depreciation expense 57.100 Loss on disposal of equipment 21,500 Increase in accounts recevable 21,500 Increase in accounts payable 12,300 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the Indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments Staley Inc. Statement of Cash Flows.(partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and abilities 0100 Net cash flow from operating activities

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