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Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet

Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows:
\table[[,,],[Cash,Ending,Beginning],[Accounts receivable,$80,800,Balance],[Inventory,65,400,$96,800
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