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Prepare a cash flow statement for Netflix Inc. for the year ended December 31, 20X4, using the indirect method. Use the following information: Net income:
- Prepare a cash flow statement for Netflix Inc. for the year ended December 31, 20X4, using the indirect method. Use the following information:
- Net income: $1,000,000
- Depreciation expense: $200,000
- Increase in accounts receivable: $50,000
- Decrease in accounts payable: $30,000
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