Essay
Carr Corporation's comparative balance sheet and income statement for last year appear below:
The company declared and paid $47,000 in cash dividends during the year. It did not dispose of any property, plant, and equipment during the year.
Required:
Construct in good form the operating activities section of the company's statement of cash flows for the year using the direct method.
Correct Answer:

Verified
Correct Answer:
Verified
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