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?Required information Use the following information for the Problems below. ( Algo ) [ The following information applies to the questions displayed below. ] Lansing
?Required information
Use the following information for the Problems below. Algo
The following information applies to the questions displayed below.
Lansing Company's currentyear income statement and selected balance sheet data at December ?of the current and
prior years follow.
Problem A Algo ?Indirect: Computing cash flows from operations LO P
Required:
Prepare the operating activities section of the statement of cash flows using the indirect method for the current year.
Note: Amounts to be deducted should be indicated with a minus sign.
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