During 2023, Olivier Corp., which uses the allowance method of accounting for expected credit losses, recorded loss on impairment of accounts receivable of $25,000. As well, the corporation wrote off uncollectible accounts receivable of $9,000. As a result of these transactions, its cash flows from operating activities would be calculated (indirect method) by adjusting net income with a  ?

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Heres the breakdown of how these transactions affect cash flows from operating activities using the ... View the full answer