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The Potter Company reported net income of $225,000 for the current year. Depreciation recorded on buildings and equipment amounted to $74,000 for the year. Balances

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The Potter Company reported net income of $225,000 for the current year. Depreciation recorded on buildings and equipment amounted to $74,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: Instructions Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method

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