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please show all work 6 7 The net income reported on the income statement for the current year was $23,100 which 8 included depreciation expense

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6 7 The net income reported on the income statement for the current year was $23,100 which 8 included depreciation expense of $8,700. 9 Balances of certain accounts at the beginning and end of the year are as follows: 10 11 12/31/19 12/31/18 Incr(Decr) 12 Accounts receivable (net) 69,600 46,200 13 Accounts payable 41,400 26,100 14 Bonds Payable- Long Term 70,000 20,000 15 Building 92,000 22,000 16 Cash 44,700 64,700 17 Common Stock 75,000 35,000 18 Income Taxes payable 21,800 34,500 19 Inventory 44,900 63,700 20 Long-term Investments 40,000 10,000 21 Prepaid insurance 29,000 9,200 22 23 24 Prepare the cash flows from OPERATING ACTIVITIES section of the statement of 25 cash flows for 2019, using the indirect method. 26 (Hint: Inclide only CURRENT assets and CURRENT liabilities} 27 28 29 30 31 32 33 34 35

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