Question: Cash Flows from ( Used for ) Operating Activities The net income reported on the income statement for the current year was $ 1 3

Cash Flows from (Used for) Operating Activities
The net income reported on the income statement for the current year was $137,300. Depreciation recorded on store equipment for the year amounted to $22,700. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:
\table[[,\table[[End],[of Year]],\table[[Beginning],[of Year]]],[Cash,$54,370,$50,020
 Cash Flows from (Used for) Operating Activities The net income reported

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