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The Club, Incorporated ( TCI ) presents its statement of cash flows using the indirect method. For the current year the Company reported net income
The Club, Incorporated TCI presents its statement of cash flows using the indirect method. For the current year the Company reported net income of $ All sales are on account and the balance in the Accounts Receivable account increased by $ The balance in the unearned revenue account decreased by $ Also, the company reported depreciation expense of $ and a gain on the sale of equipment of $ Based on this information alone, the amount of the cash flow from operating activities shown on statement of cash flows is
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$
$
$
$
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