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Help!! Oriole Company's income statement contained the condensed information below. Oriole Company Income Statement For the Year Ended December 31, 2017 Service revenue Operating expenses,
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Oriole Company's income statement contained the condensed information below. Oriole Company Income Statement For the Year Ended December 31, 2017 Service revenue Operating expenses, excluding depreciation Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income $2,279,500 $1,442,900 129,250 37,600 1,609,750 669,750 131,600 $538,150 Oriole Company's balance sheet contained the comparative data at December 31. 2017 _2016 Accounts receivable $164,500 $141,000 Accounts payable ncome taxes payable 30,550 16,450 96,35075,200 Accounts payable pertain to operating expenses. Prepare the operating activities section of the statement of cash flows 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).) Oriole Company Partial Statement of Cash Flows Adjustments to reconcile net income to Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities et Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash used by Financing Activities Net Cash used by Investing Activities Net Cash used by Operating Activities Net Decrease in Cash Net Increase in CashStep by Step Solution
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