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| Pronghorn Corp | ||
| Statement of Cash Flow (Partial) | ||
| For the year ended December 31, 2022 | ||
| Cash flows from operating activities: | ||
| Net Income | $ 3,04,800 | |
| Adjustment to reconcile net income to net cash provided by operating activities | ||
| Depreciation expense | $ 50,400 | |
| Increase in accounts receivable | $ -19,200 | |
| Increase in inventory | $ -19,200 | |
| Decrease in prepaid expense | $ 2,400 | |
| Decrease in accrued expenses payable | $ -12,000 | |
| Increase in accounts payable | $ 19,200 | |
| $ 21,600 | ||
| Net cash provided by operating activities | $ 3,26,400 | |
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Your answer is partially correct. Try again. The current sections of Monty Corp.'s balance sheets at...
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Need help please Exercise 12-06 Your answer is partially correct. Try again. The current sections of...
Need help please
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Question 2 --/3 View Policies Current Attempt in Progress The comparative statement of financial position for...
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