JMB Photography reported net income of $100,000 for 2010. Included in the income statement were depreciation expense
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JMB Photography reported net income of $100,000 for 2010. Included in the income statement were depreciation expense of $6,000, patent amortization expense of $2,000, and a gain on sale of equipment of $3,600. JMB’s comparative balance sheets show the following balances
Calculate net cash provided by operating activities for JMB Photography
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Cash flows from operating activities Net income 100000 Adjustments to rec...View the full answer
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Related Book For 
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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