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The Old Fashioned Beverages Company had the following changes in accounts between 12/31/2022 and 12/31/2023 Assuming Old Fashioned Beverages reported depreciation expense of $27,000, amortization
The Old Fashioned Beverages Company had the following changes in accounts between 12/31/2022 and 12/31/2023 Assuming Old Fashioned Beverages reported depreciation expense of $27,000, amortization expense on intangible assets of $9,000 and net income of $130,00 on its year ending 12/31/2023 income statement, what is the amount reported under Cash Flows From Operating Activities for its statement of cash flows year ending 12/31/2023 ? $108,000$105,000$102,000 None of the above
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