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Exercise 1 2 - 3 ( Algo ) Indirect: Reporting cash flows from operations LO P 2 Arundel Company disclosed the following information for its

Exercise 12-3(Algo) Indirect: Reporting cash flows from operations LO P2
Arundel Company disclosed the following information for its recent calendar year.
\table[[Income Statement Data,,Selected Year-End Balance Sheet Data,],[Revenues,$85,000,Accounts receivable decrease,$23,000
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