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Exercise 13.1 Using a Statement of Cash Flows (LO13-1, LO13-2) Wallace Company's statement of cash flows for the current year is summarized as follows. a.

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Exercise 13.1 Using a Statement of Cash Flows (LO13-1, LO13-2) Wallace Company's statement of cash flows for the current year is summarized as follows. a. Identify the appropriate cash flow section with the given meaning b. Based on the limited information presented above. did the company's cash position increase or decrease during the year

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