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Category > Business & Finance Posted 20 Jun 2017 My Price 11.00

The following are accounting items taken from the records of the Tyrone Company for 2007:

The following are accounting items taken from the records of the Tyrone Company for 2007:
a. Net income, $22,900 
b. Payment for purchase of land, $4,000
c. Payment for retirement of bonds, $6,000 
d. Depreciation expense, $7,800 
e. Receipt from issuance of common stock, $7,000 
f. Patent amortization expense, $2,700
g. Bond discount amortization, $1,000
h. Increase in accounts receivable, $3,400
i. Payment of dividends, $5,000
j. Decrease in accounts payable, $2,600

Required
Prepare the net cash flow from operating activities section of the Tyrone Company’s 2007 statement of cash flows.

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Status NEW Posted 20 Jun 2017 07:06 AM My Price 11.00

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