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Income tax payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds Cash Flows from Operating Activities
Income tax payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds Cash Flows from Operating Activities Net Income/(Loss) 4.700 Prepare a 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).) Adjustments to reconcile net income to 144,000 Net Cash Provided by Operating Activities 32,000 ACE PET SUPPLY CORPORATION Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2025 206,000 $ 269,100
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