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The net decrease in Prepaid Expenses (Prepaid) amounts to $35,020 and the net decrease in...

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Accounting

The net decrease in Prepaid Expenses (Prepaid) amounts to $35,020 and the net decrease in Accounts Payable (AP) is $25,000. Assuming no inventory provision involved, what is the net effect of Inv and AP on the adjustments to Net Income if the indirect method is used in the Statement of Cash Flows?

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