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XYZ Corporation prepares its statement of cash flows using the indirect method to...

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Accounting

XYZ Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income for the 2024 fiscal year was $154,000. Depreciation and amortization expense of $26,000 was included with operating expenses in the income statement. The following information describes the changes in current assets and liabilities other than cash:
\table[[Increase in accounts receivable,$42,000
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