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Green Forest Corp. s 2 0 2 3 income statement showed the following: profit, $ 2 8 9 , 4 0 0 ; depreciation expense,

Green Forest Corp.s 2023 income statement showed the following: profit, $289,400; depreciation expense, building, $27,000; depreciation expense, equipment, $6,470; and gain on sale of equipment, $3,800. An examination of the companys current assets and current liabilities showed that the following changes occurred because of operating activities: accounts receivable decreased $14,390; merchandise inventory decreased $39,800; prepaid expenses increased $2,870; accounts payable decreased $7,270; and other current payables increased $1,030.
Use the indirect method to calculate the cash flow from operating activities. (List any deduction in cash and cash outflows as negative amounts.)

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