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James Hartwell is preparing financial statements for the Ashton Corporation. Hartwell wants these statements to conform to U.S. GAAP so they are more credible with

James Hartwell is preparing financial statements for the Ashton Corporation. Hartwell wants these statements to conform to U.S. GAAP so they are more credible with decision makers. Only a balance sheet has been prepared so far. Is Hartwell required to prepare a statement of cash flows according to U.S. GAAP?

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