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Woodinvile Inc. had Net Income for 2021 of $150,000. Included in this amount was depreciation expense of $25,000. When looking at the balance sheet, we also see increases is accounts receivable, inventory, and accounts payable of $8,000, $12,000 and $15,000; respectively. Prepare the cash flows from operating activities section of Woodinville's statement of cash flows using the indirect method.
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Woodinvile Inc. had Net Income for 2021 of $150,000. Included in this amount was depreciation expens...
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