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Lantern Corporation is preparing its statement of cash flows for the past year. The company has gathered the following information about the past year
Lantern Corporation is preparing its statement of cash flows for the past year. The company has gathered the following information about the past year just ended on December 31. Click the icon to view the data.) Requirement Prepare a statement of cash flows for the past year using the indirect method. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted or for a net cash outflow.) Lantern Corporation Statement of Cash Flows (Indirect Method) For the Year Ended December 31 Operating Activities: Adjustments to reconcile net income to cash basis
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