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Use the following information from Eiffel Company's financial statements. 2018 Income Balance Sheets Sales Cost of Goods Sold Operating Expenses, other than Statement $299,000 (140,000)

Use the following information from Eiffel Company's financial statements. 2018 Income Balance Sheets Sales Cost of Goods Sold Operating Expenses, other than Statement $299,000 (140,000) Depreciation Expense (27,000) Depreciation expense (16,000) Gain on Sale of Plant Assets 17,000 Net Income $133,000 Dec. 31,2018 Accounts Receivable Inventory Accounts Payable Accured Liabilities Accounts Receivable Inventory Accounts Payable Accured Liabilities $45,300 1,600 24,500 900 Dec. 31, 2017 $23,250 1,800 23,250 1,150 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. Eiffel Company Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2018 Operating Activities: Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Changes in Current Assets and Liabilities: Net Cash Flow from Operating Activities

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