Question: Chapter 12 Exercise 12-13AA Indirect: Cash flows spreadsheet LO P4 12.5 k's only noncash expense was $70,000 of depreciation. d. The company purchased plant assets

Chapter 12 Exercise 12-13AA Indirect: Cash flows spreadsheet LO P4 12.5 k's only noncash expense was $70,000 of depreciation. d. The company purchased plant assets for $70,000 cash. e. Notes payable of $20,000 were issued for $20,000 cash. 120,000

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