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The following information is available from the current period financial statements: Net income Depreciation expense Increase in accounts $185,000 28,000 16,000 receivable Decrease in accounts
The following information is available from the current period financial statements: Net income Depreciation expense Increase in accounts $185,000 28,000 16,000 receivable Decrease in accounts payable Decrease in inventory 10,000 The net cash flow from operating activities using the indirect method is 21,000
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