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Harrison Transportation began 2016 with accounts receivable, inventory, and prepaid expenses totaling $52,000. At the end of the year, Harrison had a total of $50,000

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Harrison Transportation began 2016 with accounts receivable, inventory, and prepaid expenses totaling $52,000. At the end of the year, Harrison had a total of $50,000 for these current assets. At the beginning of 2016, Harrison owed current liabilities of $36,000, and at year-end current liabilities totaled $40,000. Net income for the year was $89,000. Included in net income were a $2,000 gain on the sale of land and depreciation expense of $4,000 Show how Harrison should report cash flows from operating activities for 2016. Harrison uses the indirect method. (Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by (used for) operating activities: Nel cash provided by used for) operating activities Choose from any list or enter any number in the input fields and then continue to the next

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