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The Walt Disney Company provided the following financial data for the year 2023: Item Amount Net Income $700,000 Depreciation Expense $150,000 Increase in Accounts Receivable

The Walt Disney Company provided the following financial data for the year 2023:

Item

Amount

Net Income

$700,000

Depreciation Expense

$150,000

Increase in Accounts Receivable

$90,000

Decrease in Inventory

$80,000

Increase in Accounts Payable

$70,000

Dividends Paid

$100,000

Prepare the cash flow statement using the indirect method for The Walt Disney Company for the year ending December 31, 2023.

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