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Please solve. The current sections of Vaughn Inc.'s balance sheets at December 31, 2021 and 2022, are presented here. Vaughn's net income for 2022 was
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The current sections of Vaughn Inc.'s balance sheets at December 31, 2021 and 2022, are presented here. Vaughn's net income for 2022 was $152,000. Depreciation expense was $24,200. Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31,2022 , using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. 15,000 or in parenthesis VAUGHN INC. Statement of Cash Flows (Partial) - Indirect Method $ Adjustments to reconcile net income to $Step by Step Solution
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