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Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Sales $ 75,000 Accounts receivable increase

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Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Sales $ 75,000 Accounts receivable increase 59,000 Expenses Inventory decrease 4,000 Cost of goods sold 35,000 Salaries payable increase 800 Salaries expense 11,000 Depreciation expense 7.000 Net income $ 22.000 Required: 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--Indirect method Adjustments to reconcile et income to net cash provided by operating activities Income statement items not affecting cash Changes in current operating assets and liabilities $ 0

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