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Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended

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Ohio, Inc. uses the indirect method to prepare the statement of cash flows. Refer to the following income statement Ohio, Inc Income Statement Year Ended December 31, 2018 Revenues and Gains: Sales Revenue Interest Revenue Total Revenues and Gains Expenses and Losses: Cost of Goods Sold Salary Expense $154,000 6,900 S160,900 $130,000 23,000 7 300

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