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Requirement 1. Prepare the statement of cash flows of Educational Supply for the year ended December 31, . Use the indirect method to report cash

Requirement 1. Prepare the statement of cash flows of Educational Supply for the year ended December 31, . Use the indirect method to report cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities

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