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Business, 07.12.2019 03:31 jay0630

Blue spruce corp. reported net income of $194,740 for 2022. blue spruce corp. also reported depreciation expense of $36,900 and a loss of $5,030 on the disposal of plant assets. the comparative balance sheets show an increase in accounts receivable of $15,650 for the year, a $15,880 increase in accounts payable, and a $4,250 increase in prepaid expenses. prepare the operating activities section of the statement of cash flows for 2022. use the indirect method.

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Blue spruce corp. reported net income of $194,740 for 2022. blue spruce corp. also reported deprecia...
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