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Windsor, Inc. reported net income of $2.5 million in 2019. Depreciation for the year was $156,800, accounts receivable decreased $327,500, and accounts payable decreased $253,700.
Windsor, Inc. reported net income of $2.5 million in 2019. Depreciation for the year was $156,800, accounts receivable decreased $327,500, and accounts payable decreased $253,700. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with eithera sign e.g. -15,000 or in parenthesis e.g. (15,000).) Windsor, Inc. Statement of Cash Flows-Indirect Approach Adjustments to reconcile net income to
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