Question: Cash Flows from operating Activities-Indirect Method Malibu Inc. reported the following data: $305,600 Net income Depreciation expense 77,500 Loss on disposal of equipment 33,800 Increase

Cash Flows from operating Activities-Indirect Method Malibu Inc. reported the following

Cash Flows from operating Activities-Indirect Method Malibu Inc. reported the following data: $305,600 Net income Depreciation expense 77,500 Loss on disposal of equipment 33,800 Increase in accounts receivable 20,100 13,000 Increase in accounts payable

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