Electronic wonders reports net income of $95,000. the accounting records reveal depreciation expense of $50,000 as well as increases in prepaid rent, accounts payable, and income tax payable of $40,000, $23,000, and $20,000, respectively. prepare the operating activities section of electronic wonders' statement of cash flows using the indirect method.
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Electronic wonders reports net income of $95,000. the accounting records reveal depreciation expense...
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