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Business, 22.12.2021 23:30 HopeBordelon4

Vaughn Manufacturing reported net income of $185,060 for 2022. Vaughn Manufacturing also reported depreciation expense of $33,860 and a loss of $4,930 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $16,140 for the year, a $15,330 increase in accounts payable, and a $4,310 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method

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Vaughn Manufacturing reported net income of $185,060 for 2022. Vaughn Manufacturing also reported de...
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