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he comparative statement of financial position for Crane Corporation shows the following noncash current asset and liability ccounts at March 31: Crane's income statement reported
he comparative statement of financial position for Crane Corporation shows the following noncash current asset and liability ccounts at March 31: Crane's income statement reported the following selected information for the year ended March 31, 2018: net income was $280,000, depreciation expense was $61,000, and a loss on the disposal of land was $14,000. Crane uses a perpetual inventory system. Calculate net cash provided (used) by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) CRANE CORPORATEON Statement of Cash Flows (Partial)-Indirect Method Operating activities $ Adjustments to reconcile net income to $ $ $ eTextbook nd Media Save for Later Attempts: 0 of 2 used Submit
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