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Exercise 12-04 Gutierrez company reported net income of $194,500 for 2020. Gutierres reported depreciation expense of 47,500 loss of .00 in accounts receivable of $18.200

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Exercise 12-04 Gutierrez company reported net income of $194,500 for 2020. Gutierres reported depreciation expense of 47,500 loss of .00 in accounts receivable of $18.200 for the year, a $20.200 increase in accounts payable and a $5,000 decrease in prepad pense Destion 24 pm Prepare the operating contes son of the statement of a 25,000). sor 2009. Use the indirect mo s hare Exercise 12-04 Gutierrez company reported net income of $194,500 for 2020. Gutierres reported depreciation expense of 47,500 loss of .00 in accounts receivable of $18.200 for the year, a $20.200 increase in accounts payable and a $5,000 decrease in prepad pense Destion 24 pm Prepare the operating contes son of the statement of a 25,000). sor 2009. Use the indirect mo s hare

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