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Sherman Industries began 2 0 2 1 with its accounts receivable, inventory, and prepaid expenses totaling$ 4 6 , 0 0 0 and its total
Sherman Industries began with its accounts receivable, inventory, and prepaid expenses totaling$ and its total current liabilities totaling $ At the end of the year, these same current assets totaled $ while its total current liabilities totaled $ Net income for the year was $ Included in net income were a $ gain on the sale of land and depreciation expense of $ Show how Sherman should report cash flows from operating activities for The company uses the indirect method. Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in cash. Question content area bottom Part Cash flows from operating activities: Adjustments to reconcile net income to net cash provided by used for operating activities: Net cash provided by used for operating activities
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