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How would claiming an additional $19,000 of depreciation expense on the income statement impact the cash flows from operating activities as recorded on the statement
How would claiming an additional $19,000 of depreciation expense on the income statement impact the cash flows from operating activities as recorded on the statement of cash flows if the firm faces a tax rate of 35%.
An increase (decrease) of $1,000 of cash flow from operations should be input as 1,000 (-1,000).
Hint: you have to consider both net income and depreciation as recorded on the statement of cash flows.
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