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Use the indirect method to prepare the operating activities section of Cruzs statement of cash flows

ST 29.000 Equity Canon stock per valor 229.000 35.600 $319,000 179.000 8,40 $285.000 ating activities section of Cruz's statement of cash flows. Company's comparative balance sheets. The current-year is- on furniture of $18,000. During the year, furniture costing CRUZ, INC. Income Statement For Year Ended December 31, 2019 $488.000 314,000 174,000 Sales Cost of goods sold.... Gross profit Operating expenses Depreciation expense.... Other expenses ......... Income before taxes........ Income taxes expense...... Net Income.. $37,600 126,700 47,300 17.300 $ 30,000 Required Use the indirect method to prepare the operating The following information is from Ellerby Com come statement reports depreciation expense on $52,500 was sold for its book value. Compute ca h from ST 29.000 Equity Canon stock per valor 229.000 35.600 $319,000 179.000 8,40 $285.000 ating activities section of Cruz's statement of cash flows. Company's comparative balance sheets. The current-year is- on furniture of $18,000. During the year, furniture costing CRUZ, INC. Income Statement For Year Ended December 31, 2019 $488.000 314,000 174,000 Sales Cost of goods sold.... Gross profit Operating expenses Depreciation expense.... Other expenses ......... Income before taxes........ Income taxes expense...... Net Income.. $37,600 126,700 47,300 17.300 $ 30,000 Required Use the indirect method to prepare the operating The following information is from Ellerby Com come statement reports depreciation expense on $52,500 was sold for its book value. Compute ca h from

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