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OS 18-3 Indirect: Computing cash flows from operations P2 Bryant Co. reports net income of $20,000. For the year, depreciation expense is $7,000 and the

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OS 18-3 Indirect: Computing cash flows from operations P2 Bryant Co. reports net income of $20,000. For the year, depreciation expense is $7,000 and the company reports a gain of $3,000 from sale of machinery. It also had a $2,000 loss from retirement of notes. Compute cash flows from operations using the indirect method

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