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Prepare the operating activities section of the statement

The income statement of Zamora Inc. reported the following condensed information.

Zamora's balance sheet contained these comparative data at December 31.

Zamora has no depreciable assets. Accounts payable pertain to operating expenses.

Instructions

Prepare the operating activities section of the statement of cash flows using the indirect method.

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Accounting Basics: Prepare the operating activities section of the statement

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Accounting Basics: Prepare the operating activities section of the statement

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