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  3. the net income for swifty co. for 2022 was $320,40

The net income for Swifty Co. for 2022 was $320,400. For 2022, depreciation on plant...

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Accounting

The net income for Swifty Co. for 2022 was $320,400. For 2022, depreciation on plant assets was $71,800, and the company incurred a loss on disposal of plant assets of $30,400.
Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company's accounts. (Show amounts that decrease cash flow with either a - sign eg.-15,000 or in parenthesis eg.(15,000).)
Swifty Co.
Statement of Cash Flows-Indirect Method
For the Year Ended December 31,2022
Cash Flows from Operating Activities
Adjustments to reconcile net income to
Net Cash Provided by Operating Activities
(320400$)
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