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  3. \table[[gross profit,$350,000,],[\table[[gross pro

\table[[Gross Profit,$350,000,],[\table[[Gross Profit],[Operating Expenses:]]],[\table[[Operating Expenses:],[Depreciation Expense]],$20,000,],[\table[[Depreciarrorating Expenses],[Other Operating]],$130,000,],[\table[[Other Uperating from Operations]],$200,000,],[\table[[Income from Operations],[Other Revenues and...

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Accounting

\table[[Gross Profit,$350,000,],[\table[[Gross Profit],[Operating Expenses:]]],[\table[[Operating Expenses:],[Depreciation Expense]],$20,000,],[\table[[Depreciarrorating Expenses],[Other Operating]],$130,000,],[\table[[Other Uperating from Operations]],$200,000,],[\table[[Income from Operations],[Other Revenues and Expenses:]]],[\table[[Other Revenues and Expenses:],[Interest Expense]],(S15,000),],[\table[[Gain on Sale of Equipment]],$8,000,],[\table[[Gain on Sale of Equipment],[Income before Income Tax]],$193,000,],[\table[[Income betore income Fax],[Income Tax Expense]],$70,000,],[Net Income,$123,000,],[,,],[{
\table[[Equipment with a book value of $30,000 was sold for $25,000 cash. Accumulated],[depreciation on the equipment was $15,000.]]}],[],[\table[[depreciation on the equipment was $15,000.],[Bonds payable were retired by payment at their face amount.]]],[\table[[Bonds payable were retired by payment at their tace amounted to $35,000.],[Cash dividends declared and paid during the year amt.]]],[All sales were on account.],[],[\table[[Prepare a statement of cash flows using the direct method for Delta Company for]],,]]
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