Question: The following information was taken from Artist Inc s balance sheets

The following information was taken from Artist, Inc.’s balance sheets at December 31, 2009 and 2010:


Net income for 2010 was $21,000. Depreciation expense was $11,000.
Prepare the cash provided by operating activities section of the company’s statement of cash flows for the year ended December 31, 2010, using the indirectmethod.


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  • CreatedSeptember 01, 2014
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