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Telfer, Inc. reported net income of $2.0 million in 2020. Depreciation for the year was $155,600, accounts receivable decreased $338,200, and accounts payable decreased $289,600.

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Telfer, Inc. reported net income of $2.0 million in 2020. Depreciation for the year was $155,600, accounts receivable decreased $338,200, and accounts payable decreased $289,600. Compute net cash provided by operating activities using the Indirect method. (Show amounts that decrease cash flow with either a-sign eg. -15,000 or in parenthesis es. (15,000)) Telfer, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to Current Attempt in Progress The net income for Metz.Co.for 2020 was $261.400.For 2020, depreciation on plant assets was $71,800, and the company incurred a loss on disposal of plant assets of $10,400 Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a - sign 6.8. -15,000 or in parenthesis e.s. (15,0001) Metz Co. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to $ e Textbook and Media

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