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Question Completion Status: 11 14 1 Below is the 2020 income statement for the Toyota Corporation. Toyota Corporation Income Statement For the Year Ended December

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Question Completion Status: 11 14 1 Below is the 2020 income statement for the Toyota Corporation. Toyota Corporation Income Statement For the Year Ended December 31, 2019 Net sales $100,000 (40,000) $60,000 Cost of goods sold Gross profit on sales Various operating expenses Depreciation expense Interest expense Income tax expense $25,000 5,000 2,000 4.000 (36,000) Net Income $24.000 Accounts receivable increased by $8,000. Merchandise inventory increased by $4,000. Accounts payable increased by $6,000. Prepaid expenses decreased by $2,000 Accrued liabilities decreased by $5,000. Interest payable increased by $1,000 F2 000 $ % & Accrued liabilities decreased by $5,000. Interest payable increased by $1,000 Prepare the operating activities section of the statement of cash flows using the indirect method for the year ended December 31, 2019.(FW in number only, no need for 5) Check Submit comes Question 23 of 23 Svet BO 888 10 $ 4 3 % 5 & 7 6 8 9 0 delete E 20 O S D F H return Z X C V B N M shift 38 alt command command option

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