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Business, 20.02.2020 01:58 jigaboo420

In addition, you learn that the firm incurred utility costs of $38,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.

Required:

Calculate the net operating cash flow for years 1 and 2. (Net cash outflows should be indicated by a minus sign.)

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