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Fitz Company reports the following information Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net Income 5 388,000 Accounts receivable decrease $ 153,9ee

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Fitz Company reports the following information Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net Income 5 388,000 Accounts receivable decrease $ 153,9ee Depreciation expense 47,800 Inventory decrease 45,500 Amortization expense 7,900 Prepaid expenses increase 5,300 Gain on sale of plant assets 7,800 Accounts payable decrease 8,700 Salaries payable increase 2,300 Use the Indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement toms not affecting cash Changes in current operating assets and liabilities S

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