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Hampton Company reports the following Information for its recent calendar year. Income Statement Data Sales $79,000 Expenses Cont of goods sold 12,000 Salaries expense 14,000

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Hampton Company reports the following Information for its recent calendar year. Income Statement Data Sales $79,000 Expenses Cont of goods sold 12,000 Salaries expense 14,000 Depreciation expense 7,000 Net income $16,000 Selected Year-End Balance Sheet Data Accounts receivable increase $6,000 Inventory decrease 4,000 Salaries payable increase 900 Income Statement Data Sales $ 79,000 Expenses Cost of goods sold 42,000 Salaries expense 14,000 Depreciation expense 7,000 Net income $16,000 Selected Year-End Balance Sheet Data Accounts receivable increase $6,000 Inventory decrease 4,000 Salaries payable increase 900 Required: Prepare the operating activities section of the statement of cash flows for Hampton Company using the indire be deducted should be indicated with a minus sign.) Cash flows from operating activities Net Income Depreciation expense Accounts receivable increase Inventory decrease Net cash provided by operating activities $

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