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The income statement of Paxson Company is presented here. Prepare the operating activities section of the statement of cash flows using the direct method. (Show

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The income statement of Paxson Company is presented here. Prepare the operating activities section of the statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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