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Bloom corporation had the following 2010 income statement


1. Bloom Corporation had the following 2010 income statement. The following accounts increased during 2010: accounts receivable $12,000; inventory $11,000; accounts payable $13,000. Prepare the cash flows from operating activities section of Bloom's 2010 statement of cash flows using the direct method. 

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Accounting Basics: Bloom corporation had the following 2010 income statement
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