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Lawrence Engineering reports net income of $590,000. Depreciation expense is $44,000, accounts recelvable increases $11,000, and accounts payable decreases $24,000. Calculate net cash flows from

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Lawrence Engineering reports net income of $590,000. Depreciation expense is $44,000, accounts recelvable increases $11,000, and accounts payable decreases $24,000. Calculate net cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

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