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. The current sections of statement of financial position at 31 December of Dolla Berhad, are presented: 2019 2018 Current assets Prepaid expenses Inventory Accounts
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The current sections of statement of financial position at 31 December of Dolla Berhad, are presented: 2019 2018 Current assets Prepaid expenses Inventory Accounts receivable Cash Total current assets RM 28,000 RM 37,000 184,000 163,000 137,000 115,000 96,000 125,000 445.000 440,000 Current liabilities Accrued expenses payable Accounts payable Total current liabilities 8,000 85,000 93.000 15,000 72,000 87.000 Additional Information: 1. 2. 3. 4. Net income for 2019 was RM106,000. Depreciation expense was RM18,000. Loss on disposal of equipment was RM6,000 Dividends declared and paid were RM13,000. Required: Prepare the net cash provided by operating activities section of the company's statement of cash flows using the indirect method for 2019Step by Step Solution
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