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Business, 10.08.2021 17:20 bryanmcmillianjr

Staley Inc. reported the following data: Net income $227,100
Depreciation expense 57,500
Loss on disposal of equipment 31,200
Increase in accounts receivable 25,000
Increase in accounts payable 11,800

Required:
Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method.

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Staley Inc. reported the following data: Net income $227,100
Depreciation expense 57,500
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