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Ivanhoe Company Income Statement For the Year Ended November 30, 2022 Sales reverse $7,484,100 Cast of goods sold Beginning inventory $1,564,500 Purchases 4,364,100 Goods

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Ivanhoe Company Income Statement For the Year Ended November 30, 2022 Sales reverse $7,484,100 Cast of goods sold Beginning inventory $1,564,500 Purchases 4,364,100 Goods callable for sale 6,230,700 Ending inventory 1,630,900 Total cost of goods sold 4599800 Grow prett 2884.300 Operating expenses Selling expenses Administrative Net Income 441,400 689,900 1131300 $1753,000 Additional information 1. Accounts receivable decreased $374,300 during the year, and inventory decreased $235,700 2. Prepaid expenses increased $148,000 during the year. 3. Accounts payable to suppliers of merchand decreased $346,100 during the year. 4. Accrued expernes payable decreased $100,000 during the year 5 Administrative experes include depreciation expense of $110,700 Prepare the operating activities section of the statement of cash flown for the year ended November 30, 2022, for Ivanhoe Company uning the indirect method. (Show amounts that decrease cash flow with either e-sign-15,000 in prente (15,000) Ivanhoe Company Partial Statement of Cash Flows For the Year Ended November 30.2022 Cash Flows from Operating Activities Adjustments to reconcile net income to NetCa Deprecation Expe Decrease In Accounts Decrease in Inventory Incremen Prepaid Exp Decrease in Accounts Payable Decrease In Exable Cash Flowm

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