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Fitz Company reports the following information Selected Annual The Staten Net income $370,00 Accounts receivable decrease Depreciation expense 4.600 Inventory decrease Amortization expense 7,700 Prepaid

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Fitz Company reports the following information Selected Annual The Staten Net income $370,00 Accounts receivable decrease Depreciation expense 4.600 Inventory decrease Amortization expense 7,700 Prepaid expenses increase Gain on sale of an assets 5.400 Accounts payable de Salaries payable increase S, 45,00 5. 8. Use the Indirect method to prepare the operating activities section of its statement of cash flows for the year anded December (Amounts to be deducted should be indicated with a minus sign) Cash flows from eating activities Adjustments to cool net income to match provided by operating at $ 0 Fitz Company reports the following information Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net Income $376,000 Accounts receivable decrease 583,600 Depreciation expense 48,600 Inventory decrease 45,000 Amortization expense 7.700 Prepaid expenses increase 5,300 Gain on sale of plant assets 6.400 Accounts payable decrease 8,600 Sataries payable increase 1,300 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) Buatement of Cash Flows partie Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activiti

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