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Midterm Exam ResoX Rich LTI View History Bookmarks Profiles Tab Window Help *) 38% D Wed 8:08 PM a x | Exponents and Scho x

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Midterm Exam ResoX Rich LTI View History Bookmarks Profiles Tab Window Help *) 38% D Wed 8:08 PM a x | Exponents and Scho x > Question 3 - Chapte x x Launch Meeting -2 X mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchurl=https%253A%252F%252Fnewconnect.mheducation.com... Updat: Homework Saved Help Save & Exit Submit weck my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not Indicate completion. Return to question Bryant Company reports net income of $24,000. For the year, depreciation expense is $11,000 and the company reports a gain of $7,000 from sale of machinery. It also had a $6,000 loss from retirement of notes. Compute cash flows from operations using the Indirect method. (Amounts to be deducted should be indicated by a minus sign.) 24.000 Answer is not complete. Cash Flows from Operating ActivitiesIndirect) Not incomo Adjustments to reconcile not income to not cash provided by operating activities Income statement lums not affecting cash Depreciation expense Loss on retirement of notes Gain on sale of machinery Accounts receivable OOO 11,000 6,000 (7.000) $ 34,000

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