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thanks! A company reported net income of $480,000 for the current year, Depreciation recorded on buildings and equipment amounted to $80,000 for the year. Balances

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A company reported net income of $480,000 for the current year, Depreciation recorded on buildings and equipment amounted to $80,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the vear are as follows: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method: (Show amounts that decrease cash flow with eicher a-sign es. 15,000 or in parenthesis es: (15,000N) Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either o- signe.g. 15,000 or in parenthesis eg. (15,000).)

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