Using the following data, prepare Stanley Inc.'s Cash Flows from Operating Activities section of the...
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Accounting
Using the following data, prepare Stanley Inc.'s Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Net income $525,000 Depreciation expense 82,500 Gain on disposal of equipment 14,600 Increase in accounts receivable 10,150 Decrease in accounts payable (3,300) please explain how you got the amount in the statement
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