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Partial balance sheets and additional information are listed below for Rickey Company. Additional information for 2021 : Net income was $155,000. Depreciation expense was $27,500.
Partial balance sheets and additional information are listed below for Rickey Company. Additional information for 2021 : Net income was $155,000. Depreciation expense was $27,500. Prepare the operating activities section of the statement of cash flows for 2021 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)
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