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Business, 28.07.2021 18:50 xxcecccc

Fitz Company reports the following information. Selected Annual Income Statement Data Selected Year-End Balance Sheet Data
Net income $409,000 Accounts receivable decrease $37,300
Depreciation expense 46,800 Inventory decrease 44,500
Amortization expense 7,700 Prepaid expenses increase 6,900
Gain on sale of plant assets 6,300 Accounts payable decrease 10,000
Salaries payable increase 2,000

Required:
Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31.

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Fitz Company reports the following information. Selected Annual Income Statement Data Selected Year...
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