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In addition, it was reported that the company had a net income of $3,155,898 and that depreciation expenses were equal to $212,391 during 2020. Assume
In addition, it was reported that the company had a net income of
$3,155,898
and that depreciation expenses were equal to
$212,391
during 2020. Assume amortization expense was
$0
in 2020.\ Based on the financial statements for Oriole Golf Company above, compute the cash flow invested in net working capital and the cash flow invested in long-term assets that you would use in a calculation of the cash flow to investors for 2020.\ Cash flow invested in net working capital $\ Cash flow invested in long-term assets
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