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The comparative balance sheet for Expedition Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to view the
The comparative balance sheet for Expedition Travel Services, Inc., for December 31, 2017 and 2016, is as follows: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Expedition Travel Services, Inc.: (Click the icon to view the transaction data.) Expedition Travel Services, Inc., uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of cash flows for 2017. (Use parentheses or a minus sign for numbers to be subtracted or net cash outflow.) Expedition Travel Services, Inc. Statement of Cash Flows-Operating Activities Section (Indirect Method) Operating Activities: For the Year Ended December 31, 2017 Adjustments to reconcile net income to cash basis: Net cash provided by (used for) operating activities
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