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Partial Balance Sheets and Additional Information Are Listed Below for Sowell

question 131

Essay

Partial balance sheets and additional information are listed below for Sowell Company. Partial balance sheets and additional information are listed below for Sowell Company.   Additional information for 2013: Net income was $88,000. Depreciation expense was $19,000. Required: Prepare the operating activities section of the statement of cash flows for 2013 using the indirect method. Additional information for 2013:
Net income was $88,000.
Depreciation expense was $19,000.
Required:
Prepare the operating activities section of the statement of cash flows for 2013 using the indirect method.


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