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View Policies Prepare the operating activities section of the statement of cash flows for the...

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Accounting

View Policies Prepare the operating activities section of the statement of cash flows for the year ended November 30,2025, for Ivanhoe Company.
using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g.(15,000).)
IVANHOE COMPANY
Statement of Cash Flows (Partial)- Indirect Method
Adjustments to reconcile net income to
Current Attempt in Progress
The income statement of Ivanhoe Company is presented here.
Additional information:
Accounts receivable decreased $372,700 during the year, and inventory decreased $293,200.
Prepaid expenses increased $148,500 during the year.
Accounts payable to suppliers of inventory decreased $346,700 during the year.
Accrued expenses payable decreased $98,900 during the year.
Administrative expenses include depreciation expense of $109,200.
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