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Portions of the financial statements for Peach Computer are provided below. Required: Prepare the operating activities section of the statement of cash flows for Peach
Portions of the financial statements for Peach Computer are provided below. Required:
Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. Amounts to be
deducted should be indicated with a minus sign.
tablePEACH COMPUTER,,Income Statement,,For the year ended December Net sales,$Expenses:Cost of goods sold,Operating expenses,Depreciation expense,,Income tax expense,,Total expenses,,Net income,,
tabletablePEACH COMPUTERSelected Balance Sheet DataDecember tableIncrease I orCash$$$Accounts receivable,InventoryPrepaid rent,Accounts payable,Income tax payable,
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