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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 $ 7 1

Hampton Company reports the following information for its recent calendar year.
Income Statement Data Selected Year-End Balance Sheet Data
Sales $ 71,000 Accounts receivable increase $ 9,000
Expenses: Inventory decrease 5,000
Cost of goods sold 38,000 Salaries payable increase 900
Salaries expense 14,000
Depreciation expense 6,000
Net income $ 13,000
Required:
Prepare the operating activities section of the statement of cash flows using the indirect method.
Note: Amounts to be deducted should be indicated with a minus sign.

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