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Business, 12.03.2021 15:20 granniejo

Brief Exercise 162 Garton Company had net income of $195,000 in 2020. Depreciation expense for the year is $50,000. During the year, Accounts Receivable increased $8,000 and Prepaid Expenses decreased $1,000. The company also sold equipment at a loss of $3,000. Calculate net cash flows from operating activities using the indirect method. Net cash flows from operating activities $

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Brief Exercise 162 Garton Company had net income of $195,000 in 2020. Depreciation expense for the y...

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