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Fact Pattern:Pimlico Corp. uses the direct method to prepare its statement ofcash flows. Pimlico's trial balances at December 31, Year 2 andYear 1, are as

Fact Pattern:Pimlico Corp. uses the direct method to prepare its statement ofcash flows. Pimlico's trial balances at December 31, Year 2 andYear 1, are as follows:December 31Year 2 Year 1$ 1,300 2 answers

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