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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 for this year is as follows:

$\backslash$table$[[,\backslash$table$[[$Ending$],[$Balance$]],\backslash$table$[[$Beginning$],[$Balance$]]],[$Cash and cash equivalents,$$130,000,$$$156,500$