Essay
Following are the income statement and other information for Polk Corporation.
Accounts receivable (net)decreased by $1,500 during the year.Inventory increased by $900,and Accounts Payable decreased by $1,200 during the year.Income Taxes Payable increased by $300 during the year.
Prepare a schedule of cash flows from operating activities using the indirect method.
Correct Answer:

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Correct Answer:
Verified
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