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Question: The current sections of Sunn Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Sunn's net income for 2017 was $153,000. Depreciation expense was $27,000.

Instructions: Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2017, using the indirect method.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92663843

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