Question: QUESTION 19 The data below are taken from the financial statements of the Income Statement Not income Depreciation expense Amortization of patent Gain on sale

QUESTION 19 The data below are taken from the financial statements of the Income Statement Not income Depreciation expense Amortization of patent Gain on sale of equipment Year 350 000 70.000 30.000 110.000 Balance Sheet December 31 Year 2 December 31 Yeart "Accounts receivable $710.000 5630000 Inventory 860000 800.000 Prepaid expenses 30 000 35.000 Accounts payable 660000 630,000 Accrued expenses payable 430,000 4.40.000 Required: Complete the partial statement of cash Bows for the year ended December 31 Year 2 showing the computation of net cash flows from operating activities by the Indirect method For the toolbar.press ALT F10 ( Por ALT FN+F 10(M) BIUS Paragraph Arial 10pt Ev A T x 2 o EE

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