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For this year, the company reported net income as follows: This year Carmono paid a cash dividend but it did not sell any property, plant,
For this year, the company reported net income as follows: This year Carmono paid a cash dividend but it did not sell any property, plant, and equipment or repurchase any of its own stock. Required: 1. Using the indirect method, prepare a statement of cash flows for this year. 2. Compute Carmono's free cash flow for this year. Complete this question by entering your answers in the tabs below. Using the indirect method, prepare a statement of cash flows for this year. Note: List any deduction in cash and cash outflows as negative amounts. Round your intermediate calculations and final answers to 2 decimal places. Using the indirect method, prepare a statement of cash flows for this year. Note: List any deduction in cash and cash outflows as negative amounts. Round your intermediate calculations and final answers to 2 decimal places
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