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The net income reported on the income statement for the current year was $ 2 9 8 , 5 0 4 . Depreciation recorded on
The net income reported on the income statement for the current year was $ Depreciation recorded on fixed assets and amortization of
patents for the year were $ and $ respectively. Balances of current asset and current liability accounts at the end and the beginning
of the year are as follows:
What is the amount of net cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?
a $
b $
c $
d $
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