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In this exercise, you will use the indirect method to create a statement of cash flows in excel for Zee Co. These amounts relate to

In this exercise, you will use the indirect method to create a statement of cash flows in excel for Zee Co. These amounts relate to July of 2016

Net Income $4,500

Sale Machinery $21,000

Depreciation Expense $900

Purchase of Equipment $18,000

Accounts Receivable (beginning) $6,200

Notes Payable (beginning) $5,600

Account Receivable (ending) $5,100

Notes Payable (ending) $6,600

Account payable (beginning) $3,000

Travis Jackman, Drawing $3,000

Account Payable (ending) $4,800

Cash (beginning balance) $37,400

Use the techniques from his chapter to present the statements in good form.

kindly show all calculations clearly

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