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The following information is for Redwood Inc. for the year ended December 31, 2016. Redwood had a cash and cash equivalents balance of $5, 200

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The following information is for Redwood Inc. for the year ended December 31, 2016. Redwood had a cash and cash equivalents balance of $5, 200 on January 1, 2016. Required: Prepare a statement of cash flows for the year using the direct method for operating activities (Amounts to be deducted should be indicated with a minus sign.)

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