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McIntire Company Reported Net Earnings of $40,000 Which Included Depreciation

Question 36

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McIntire Company reported net earnings of $40,000 which included depreciation expense and
depletion expense of $21,000 and $18,000, respectively. The following changes also occurred during 20C
McIntire Company reported net earnings of $40,000 which included depreciation expense and depletion expense of $21,000 and $18,000, respectively. The following changes also occurred during 20C The amount of cash flows from operating activities was $ _. The amount of "cash flows from operating activities" was $ _.

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$40,000 + $21,000 + ...

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