Business
Business, 23.04.2021 01:00, marineroadrian21

Crane Company reported net income of $172,780 for 2022. Crane Company also reported depreciation expense of $33,750 and a loss of $5,470 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,400 for the year, a $15,400 increase in accounts payable, and a $3,680 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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Crane Company reported net income of $172,780 for 2022. Crane Company also reported depreciation exp...

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