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Corresponding balances were drawn from avia company

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Reference no: EM13918380

The following accounts and corresponding balances were drawn from Avia Company's 2014 and 2013 year end balance sheets:

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During the year, $46,000 of unearned revenue was recognized as having been earned. Rent expense for 2014 was $18,000.

Required: 

Based on this information alone, prepare the operating activities section of the statement of cash flows assuming the direct approach is used. 

Reference no: EM13918380

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