Prepare the statement of cash flows for Year 2 using the indirect method. (Cash outflows should...
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Prepare the statement of cash flows for Year 2 using the indirect method. (Cash outflows should be indicated with a minus sig Cash flows from operating activities: RACEWAY CORPORATION Statement of Cash Flows For the Year Ended December 31, Year 2 Plus: Decreases in current assets and increases in current liabilities Less: Increases in current assets and decreases in current liabilities: Plus: Noncash charges Cash flows from investing activities: Cash flows from financing activities: Ending cash balance $ 0 0 0 0 $ 0 Prepare the statement of cash flows for Year 2 using the indirect method. (Cash outflows should be indicated with a minus sig Cash flows from operating activities: RACEWAY CORPORATION Statement of Cash Flows For the Year Ended December 31, Year 2 Plus: Decreases in current assets and increases in current liabilities Less: Increases in current assets and decreases in current liabilities: Plus: Noncash charges Cash flows from investing activities: Cash flows from financing activities: Ending cash balance $ 0 0 0 0 $ 0
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