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IBM Corporation provides the following information: cash received from customers of $8,000,000, cash paid for operating expenses of $2,000,000, interest paid of $500,000, and income
IBM Corporation provides the following information: cash received from customers of $8,000,000, cash paid for operating expenses of $2,000,000, interest paid of $500,000, and income taxes paid of $1,000,000. Prepare IBM's operating activities section of the cash flow statement using the direct method.
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