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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 Beginning accounts

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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 Beginning accounts payable Ending accounts payable Depreciation expense 92,000 152,000 Beginning accounts receivable 429,200 Purchase of long-term assets 778,000 Ending accounts receivable 430,000 Issuance of long-term debt 283,000 Beginning inventory 510,000 Issuance of stock for cash 170,000 Ending inventory 563,000 Issuance of stock for long-term assets 106,000 Beginning prepaid insurance 40,100 Purchase of treasury stock 61,500 Ending prepaid insurance 46,600 Sale of long-term investment at cost 54,000 (a) Your answer has been saved UITUT ...125 Attempts: 1 of 1 used (b) Calculate the amount of cash flows from investing activities. (Show amount that decrease cash flow with either a - signes -15.000 or in parenthesis eg. (15,000).) Cash flows from investing activities $ Attempts: 0 of 1 used Submit Acier Save for Later

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