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undefined Capaz Company completed its statement of earnings and statement of financial position for 2018 and provided the following information: $56,500 Statement of Earnings for
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Capaz Company completed its statement of earnings and statement of financial position for 2018 and provided the following information: $56,500 Statement of Earnings for 2018 Service revenue Expenses Salaries $42,900 Depreciation 8,200 Amortization of copyrights 7,900 Other expenses 2,600 61,600 Net earnings (loss) $ (5,100) 2018 2017 Partial Statement of Financial Position Accounts receivable Salaries payable Other accrued liabilities $ 9,000 21,900 2,000 $ 21,900 12,000 6,900 In addition, Capaz bought a small service machine for $5,900. Required: 1. Present the operating activities section of the statement of cash flows for Capaz Company using the indirect method. (Negative answers should be indicated by a minus sign.) Cash flows from operating activities indirect method Required: 1. Present the operating activities section of the statement of cash flows for Capaz Company using the indirect method. (Negative answers should be indicated by a minus sign.) Cash flows from operating activities indirect method Net cash provided by operating activities $ 0Step by Step Solution
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