Question: Calculating Net Cash Flow from Operating Activities ( Indirect Method ) The following information was obtained from Galena Company's comparative balance sheets. Assume that Galena

Calculating Net Cash Flow from Operating Activities (Indirect Method)
The following information was obtained from Galena Company's comparative balance sheets. Assume that Galena Company's annual income statement showed depreciation expense of $36,000, a gain on sale of investments of $40,500, and net income of $202,500.
\table[[,Ending,Beginning],[Cash,$85,500,$40,500
 Calculating Net Cash Flow from Operating Activities (Indirect Method) The following

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