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Use the following information and the indirect method to solve the questions below: Depreciation Expense $ 30,000 Gain on the Sale of Machinery 8,000 112,000

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Use the following information and the indirect method to solve the questions below: Depreciation Expense $ 30,000 Gain on the Sale of Machinery 8,000 112,000 8,000 Net Income Decrease in Wages Payable Increase in Accounts Receivable Proceeds from the sale of Machinery 16,000 12,000 42,000 Increase in Cash Decrease in Inventory Payment of Dividends 3,000 15,000 Issuance of Common Stock Increase in Prepaid Expenses Purchase of Long Term Investments Increase in Accounts Payable Payment of Bonds Payable at maturity 90,000 3,000 122,000 7.000 40,000 The net operating cash flows from Operating Activities are [Choose The net operating cash flows from Financing Activities are [Choose) Total Cash Flow for 2021 is [Choose] If the Cash balance at the beginning of the year was $33,000, what is the ending cash balance for the year? [Choose ]

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