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Laser World reports net income of $460,000. Depreciation expense is $31,000, accounts receivable increases $11,000, and accou
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LABER WORLD
Statement of Cash Flows (Partial)
Net income 460,000
Add: Adjustments to reconcile net income to net cash provided by operating activities
Depreciation expense 31,000
Accounts receivable increase -11,000
Accounts payable decrease -11,000
Net cash flows from Operating Activities $469,000

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