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thanks The income statement of Swifty Company is shown below: Additional information: 1. Accounts receivable decreased $340,000 during the year. 2. Prepaid expenses increased $150,000
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The income statement of Swifty Company is shown below: Additional information: 1. Accounts receivable decreased $340,000 during the year. 2. Prepaid expenses increased $150,000 during the year. 3. Accounts payable to supphers of merchandise decreased $250,000 during the year. 4. Accruedexpenses piyable decreased $130,000 during the year. 5. Administrative expenses include deprecintion expense of $60,000 Prepare the operating activities section of the statement of cash flows for the year enched Deceinber 31, 2025, for Swifty Company. using the indirect method: (Show amounts that decrease cash flow with either a-sign e\$s-15,000 or in parenthesis eg, (15,000). SWITIY COMPANY Partial stalement of Cash flowe. 5 Acfintments to reobincile net incoene to 5 5 Step by Step Solution
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