Question: Question 4 ( 1 5 marks ) The current assets and liabilities sections of the comparative balance sheets of Regent Inc., a private entity reporting

Question 4(15 marks)
The current assets and liabilities sections of the comparative balance sheets of Regent Inc., a private entity reporting under ASPE, at December 31 are
presented below, along with the income statement:
REGENT INC.
REGENT INC.
Instructions
Prepare the operating section of the cash flow statement using the direct method.
 Question 4(15 marks) The current assets and liabilities sections of the

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