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The accounting records of Baddour Company provided the data below. Net loss $5,250 Depreciation expense 5,750 Increase in salaries payable 455 Decrease in accounts receivable
The accounting records of Baddour Company provided the data below. Net loss $5,250 Depreciation expense 5,750 Increase in salaries payable 455 Decrease in accounts receivable 1,750 Increase in inventory 2,100 Amortization of patent 370 Reduction in discount on bonds 270 Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts t- indicated with a minus sign.) RECONCILIATION OF NET INCOME TO NET CASH FLOWS FROM OPERATING ACTIVITIES Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities
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