Prepare the cash flows from operating activities section

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Riverbed Company reported 2020 net income of $160,000. During 2020, accounts receivable increased by $13,300 and accounts payable increased by $9,800. Depreciation expense was $53,000.

Problem 1: Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method.

Reference no: EM132929081

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