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NEED ASAP Sage Hill Company reported net income of $430,000 for the current year. Depreciation recorded on buildings and equipment amounted to $70,000 for the
NEED ASAP
Sage Hill Company reported net income of $430,000 for the current year. Depreciation recorded on buildings and equipment amounted to $70,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amountsStep by Step Solution
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