Statement of cash flows prepared by the indirect method

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Reference no: EM13824071

Accounts receivable from sales transactions were $46,439 at the beginning of the year and $61,231 at the end of the year. Net income reported on the income statement for the year was $122,433. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is

Select the correct answer.

$137,225

$14,792

$107,641

$122,433

Reference no: EM13824071

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