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Business, 25.04.2020 00:32 blackdmnd7485

Additional information:1. Accounts receivable decreased $360,000 during the year.2. Prepaid expenses increased $170,000 during the year.3. Accounts payable to suppliers of merchandise decreased $275,000 during the year.4. Accrued expenses payable decreased $100,000 during the year.5. Administrative expenses include depreciation expense of $60,000.Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2020, for Vince Gill Company, using the indirect method.

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Additional information:1. Accounts receivable decreased $360,000 during the year.2. Prepaid expenses...
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