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    Exam 9: Preparing and Analyzing the Statement of Cash Flows
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    Team Shirts,Inc
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Team Shirts,Inc

Question 261

Question 261

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Team Shirts,Inc.reported $5,000 of depreciation expense for the year.How is this amount reported on the statement of cash flows prepared using the indirect method and the direct method?

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The $5,000 would be added to net income ...

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