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Question
Dorman Company reported the following data:
| Net income | $225,000 |
| Depreciation expense | 25,000 |
| Gain on disposal of equipment | 20,500 |
| Decrease in accounts receivable | 14,000 |
| Decrease in accounts payable | 3,600 |
Prepare the operating activities section of the statement of cash flows, using the indirect method.
Answer
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