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from the information given below, calculate the net cash flows -

From the information given below, calculate the net cash flows

Quetion: From the information given below, calculate the net cash flows from operating activities using the indirect method.

Net income    $170,000

Depreciation    5,750

Loss on disposal of plant asset    4,000

Increase in inventory    7,500

Increase in prepaid expenses    5,460

Decrease in accounts payable    6,750

$173,540

$160,040

$152,040

$176,460

 

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