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Item19 Item Skipped Item 19 A company reports net income of $53,000. Included in that number is depreciation expense of $9,000 and a loss on

Item19 Item Skipped Item 19 A company reports net income of $53,000. Included in that number is depreciation expense of $9,000 and a loss on the sale of land of $4,800. A comparison of this year's and last year's balance sheets reveals a decrease in accounts receivable of $23,000, a decrease in inventory of $14,000, and an increase in accounts payable of $43,000. Required: Prepare the operating activities section of the statement of cash flows using the indirect

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