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The comparative balance sheets for Sunland Company show these changes in noncash current asset accounts: accounts receivable decreased $75,000, prepaid expenses increased $27.900, and inventories
The comparative balance sheets for Sunland Company show these changes in noncash current asset accounts: accounts receivable decreased $75,000, prepaid expenses increased $27.900, and inventories increased $41.200 Compute net cash provided by operating activities using the indirect method, assuming that net income is $198,000. (Show amounts that decrease cash flow with either a - sign c.8.-15,000 or in parenthesis e.g. (15,000).) Sunland Company Statement of Cash Flows-Indirect Method S Adjustments to reconcile net income to
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