Question: This case is adapted from Appendix B of the exposure draft leading up to the FASBs standard on cash flow reporting. Prepare in good form

This case is adapted from Appendix B of the exposure draft leading up to the FASB’s standard on cash flow reporting. Prepare in good form an SCF. Use the direct format. (Please see the text for background material. Due to its length, we have not repeated it here.)

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