Tracadie Inc. (Tracadie) uses the indirect method to calculate and report cash from operations in its cash
Question:
a. Loss on the sale of office furniture from Tracadie’s executive offices.
b. Dividends paid.
c. Purchase of a building for cash.
d. Increase in accounts payable.
e. Decrease in inventory.
f. Proceeds from the sale of land.
g. Decrease in accrued liabilities.
h. Increase in long-term debt.
i. Gain on the sale of equipment used by Tracadie to provide its services.
j. Increase in accounts receivables.
k. Depreciation expense.
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