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The income statement and selected balance sheet information for Calendars Incorporated for the year ended December 31 is presented below. Prepare the cash flows from

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The income statement and selected balance sheet information for Calendars Incorporated for the year ended December 31 is presented below. Prepare the cash flows from operating activities section of the statement of cash flows using the direct method. (Amounts to be deducted should be indicated by a minus sign.)

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