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Ivanhoe Company Comparative Balance Sheets December 31 Assets 2017 2016 Cash Accounts receivable Inventory Land Equipment Acc
Additional information: 1. Net income for 2017 was $214,086. 2. Depreciation expense was $78,268. 3. Cash dividends of $89,77
Decrease in Accounts Payable (9208) 92080 Net Cash Provided by Operating Activities 306166 TCash Flows from Investing Activit
Payment of Cash Dividends ( O70 Redemption of Bonds (115100 Net Cash used by Financing Activities (108194) T Net Increase in
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214,086 Ivanhoe Industries Statement of Cash flows For the Year Ended December 31,2017 Cash flows from Operating Activities:

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