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Hampton Company reports the following information for its recent calendar year Statement Data Sales Expenses Cost of goods sold Salaries expense Depreciation expense Net

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Hampton Company reports the following information for its recent calendar year Statement Data Sales Expenses Cost of goods sold Salaries expense Depreciation expense Net income Required: Selected Year-End Balance Sheet Data $75,000 Accounts receivable increase Inventory decrease 41,000 Salaries payable increase 8,000 5.000 $25,000 50,000 Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities-indrect method Net income Adjustments to reconcile net income to net cash provided by operating activities Income statement items not lecting cash Changes in current operating assets and lubilties

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