Maloney Corporation's statement of financial position and income statement appear below:
Cash dividends were $42.The company did not dispose of any property,plant,and equipment during the year.
Required:
Prepare the operating activities section of the statement of cash flows using the direct method.

Question

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The Answer of Maloney Corporation's statement of financial position and income statement appear below:
Cash dividends were $42.The company did not dispose of any property,plant,and equipment during the year.
Required:
Prepare the operating activities section of the statement of cash flows using the direct method.

Maloney Corporation's Statement of Financial Position and Income Statement Appear