GDM Equipment, Inc. reported the following data for 2016: Compute GDMs net cash provided by operating activitiesindirect
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GDM Equipment, Inc. reported the following data for 2016:
Compute GDM’s net cash provided by operating activities—indirect method.
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Income Statement: Net Income Depreciation Expense Balance Sheet: Increase in Accounts Receivable Decrease in Accounts Payable $ 44,000 9,000 9,000 4,000
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