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Use the following information and the indirect method to calculate the net cash from or used in operating activities: * LL NE Profit before taxes

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Use the following information and the indirect method to calculate the net cash from or used in operating activities: * LL NE Profit before taxes Depreciation expense Payment on mortgage payable. Gain on sale of land Increase in merchandise inventory Increase in accounts payable. Proceeds from sale of land Income tax pad $14.000 12,000 15.000 7.500 2,050 6.150 8,000 1,700 Mour

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