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Prepare a cash flow statement for General Motors Company for the year ended December 31, 20X4, using the direct method. Use the following information: Cash
Prepare a cash flow statement for General Motors Company for the year ended December 31, 20X4, using the direct method. Use the following information:
- Cash received from customers: $2,000,000
- Cash paid for operating expenses: $1,000,000
- Cash paid for interest: $100,000
- Cash paid for taxes: $200,000
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