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Use the following information from Berlin Companys financial statements. Dec. 31, 2018 Dec. 31, 2017 Assets Cash $32,000 $26,000 Accounts Receivable 11,000 12,500 Prepaid Assets

Use the following information from Berlin Companys financial statements.

Dec. 31, 2018 Dec. 31, 2017
Assets
Cash $32,000 $26,000
Accounts Receivable 11,000 12,500
Prepaid Assets 1,200 1,000
Total Assets $44,200 $39,500
Liabilities and Equity
Accrued Liabilities 1,700 1,800
Common Stock 34,000 35,000
Retained Earnings 8,500 2,700
Total Liabilities and Equity $44,200 $39,500
Additional Information:
Net Income $6,200
Dividends Paid 400

Prepare the operating activities section of the statement of cash flows (indirect method) for the year 2018. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments.

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