Business, 15.07.2020 03:01 serverdang02

Demers Inc. reported the following data: Net income $490,000
Depreciation expense 52,000
Gain on disposal of equipment 26,500
Decrease in accounts receivable 32,400
Decrease in accounts payable 12,350
Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method.

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Demers Inc. reported the following data: Net income $490,000
Depreciation expense 52,000