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Brooks Company Reported Net Income of $40,000, Which Included Depreciation

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Brooks Company reported net income of $40,000, which included depreciation expense and amortization expense of $21,000 and $18,000, respectively. The following changes also occurred during the year ended December 31, 2016: Brooks Company reported net income of $40,000, which included depreciation expense and amortization expense of $21,000 and $18,000, respectively. The following changes also occurred during the year ended December 31, 2016:   Required: Prepare the operating activities section of the statement of cash flows using the indirect method for the year ended December 31, 2016. Required:
Prepare the operating activities section of the statement of cash flows using the indirect method for the year ended December 31, 2016.


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