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Prepare a statement of cash flows in proper form using the inflows and outflows from question 4-18. Assume net income (earnings after taxes) from the
Prepare a statement of cash flows in proper form using the inflows and outflows from question 4-18. Assume net income (earnings after taxes) from the 2015 income statement was $10,628, and $5,000 in common stock dividends were paid. Ignore the income tax effect on the change in depreciation.
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