Business, 22.02.2021 19:00 Yorlin4441

Salud Company reports the following information. Selected Annual Income Statement Selected Year-End Balance Sheet Data Data
Net income $475,000 Accounts receivable increase 90,000
Depreciation expense 90,000 Prepaid expenses decrease 21,500
Gain on sale of machinery 14,700 Accounts payable increase 6,600
Wages payable decrease 2,200
Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. (Amounts to be deducted should be indicated with a minus sign.)
Statement of Cash Flows (partial)
Cash flows from operating activites
Adjustments to reconcile net income to operating cash flow

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Salud Company reports the following information. Selected Annual Income Statement Selected Year-End...

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