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Problem 1 Tabele Limited reported a net income of $545,000 for the year ended December 31, 2018 Depreciation expense recorded on buildings and equipment was

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Problem 1 Tabele Limited reported a net income of $545,000 for the year ended December 31, 2018 Depreciation expense recorded on buildings and equipment was $182,000 for the year, Balances of the current assets and current liabilities accounts at the beginning and end of the year are as follows: Cash Accounts receivable Inventory Prepaid expenses Accounts payable Income tax payable End of Year $120,000 16,500 42,000 8,500 26,000 1,200 Beginning of Year $108,000 22,500 47.000 4,000 30.000 900 Instructions Using the indirect method, prepare the operating activities section of the statement of cash flows

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