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Business, 12.07.2019 00:10 Dmgirl123

Ya wen corporation’s accumulated depreciation—equipment account increased by $8,750, while $3,250 of patent amortization was recognized between balance sheet dates. there were no purchases or sales of depreciable or intangible assets during the year. in addition, the income statement showed a gain of $18,750 from the sale of investments. required: reconcile a net income of $175,000 to net cash flow from operating activities.

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