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Suppose your company reports $195 of net income and $47 of cash dividends paid, and...

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Accounting

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Suppose your company reports $195 of net income and $47 of cash dividends paid, and its comparative balance sheet indicates the following Beginning $ 42 110 280 $432 Cash Accounts Receivable Inventory Total Salaries and Wages Payable Common Stock Retained Earnings Total Ending $242 212 172 $626 $ 85 113 280 $ 626 Required: 1. Prepare the operating activities section of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Net Income Increase in Accounts Receivable Decrease in Inventory Increase in Salaries and Wages Payable Dividends paid Net Cash Flow from Operating Activities S (102)

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