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preparing the statement of cash flows using the indirect method, which statement is INCORRECT? A Losses on he sale of long E Depreciation expense is

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preparing the statement of cash flows using the indirect method, which statement is INCORRECT? A Losses on he sale of long E Depreciation expense is added to net income: Gains on the sale of long- term assets are subtracted from net income. term assets are subtracted from net income eases in current iabilities are added to net income

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