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The selected data for Daimel Convick for the year-end 2021 were gathered by accountants who are responsible for preparing the financial statments: Sales revenue:
The selected data for Daimel Convick for the year-end 2021 were gathered by accountants who are responsible for preparing the financial statments: Sales revenue: $125,333 Cost of goods sold: $88,800 Salaries expense: $45,500 Income tax expense: $16,500 Interest revenue received: $6,500 Increase in accounts receivable: $26,421 Increase in inventory: $7,535 Decrease in accounts payable: $17,850 . Increase in salary payable: $2,500 Income tax payable increased: $1,150 Land purchase: $1,500,000 2 Under both methods (direct and indirect), how much should be reported as invested activity?
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