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Moeller Merchandising had net income of $ 1 3 0 , 2 0 0 at the end of the year. During the year, Moeller sold
Moeller Merchandising had net income of $ at the end of the year. During the year, Moeller sold some equipment for $
which was originally purchased for $ and had a balance of $ in accumulated depreciation. The total credits to accumulated
depreciation for the year amount to $
Several accounts from Moeller's comparative balance sheet are following.
Required:
Use the indirect method to compute Moeller's net cash provided by used in operating activities.
Note: Cash outflows and amounts to be deducted should be indicated with a minus sign.
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