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Micro Manufacturing reports net income of $856,000. Depreciation Expense is $78,000, Accounts Receivable increases $27,000 and Accounts Payable decreases $23,000. Calculate net cash flows from
Micro Manufacturing reports net income of $856,000. Depreciation Expense is $78,000, Accounts Receivable increases $27,000 and Accounts Payable decreases $23,000. Calculate net cash flows from operating activities using the indirect method. (Negative value should be indicated by minus sign.) Net cash flows from operating activities
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