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View Policies Current Attempt in Progress Use the following information to perform the calculations below (using the indirect method). Net income $610,000 $111.000 Depreciation expense

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View Policies Current Attempt in Progress Use the following information to perform the calculations below (using the indirect method). Net income $610,000 $111.000 Depreciation expense 92.000 152,000 Beginning accounts receivable 429,200 778,000 Ending accounts receivable 430,000 283,000 Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash Issuance of stock for long-term assets Purchase of treasury stock Sale of long-term investment at cost 510,000 Beginning inventory 170,000 106.000 563.000 Ending inventory 61,500 40.100 Beginning prepaid insurance 54.000 46,600 Ending prepaid insurance Attempts: 1 of 1 used (b) Calculate the amount of cash flows from investing activities. (Show amount that decrease cash flow with either-in-15.000 or in parenthesis e.g. (15,000).) Cash flows from investing activities $ Attempts: 0 of 1 used in me Save for Later

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