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Business, 05.06.2020 21:03 Nateycorn95701

Doctor Company prepared the tabulation below at December 31, 2017. Net Income $307,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $32,000 Decrease in accounts receivable $50,000 Increase in inventory $12,000 Decrease in accounts payable $8,600 Increase in income taxes payable $1,500 Loss on sale of land $5,000 Net cash provided (used) by operating activities Show how each item should be reported in the statement of cash flows.

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Doctor Company prepared the tabulation below at December 31, 2017. Net Income $307,000 Adjustments t...

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