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Tamarisk Company reported net income of $490,000 for the current year. Depreciation recorded on buildings and equipment amounted to $70,000 for the year. Balances of

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Tamarisk Company reported net income of $490,000 for the current year. Depreciation recorded on buildings and equipment amounted to $70,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year ar as follows: Beginning of Yasir End of Year $20,500 25,500 Cash Accounts receivable $16,300 32.000 56,500 68,500 Inventory Accounts payable 14400 20.000 Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method(Show amounts that decrease cash flow with either a sign eg, -15,000 or in parenthesis eg. (15,000.) TAMARISK COMPANY Partial Statement of Cash Flows $ Adjustments to reconcile net income to Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method that decrease cash flow with either a-signes. -15,000 or in parenthesis eg (15,000)) TAMARISK COMPANY Partial Statement of Cash Flows $ Adjustments to reconcile net income to

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