Durrand Corporation's accumulated depreciation increased by $12,000, while patents decreased by $2,200 between consecutive balance sheet dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a gain of $4,300 from sale of land. The company earned a net income of $65,000. Determine net cash flow from operating activities under the indirect method.
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Q141: The net income reported on the income
Q142: Identify the section of the statement of
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Q144: The income statement disclosed the following items
Q145: For each of the following, identify whether
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Q148: Identify which section of the statement of
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Q150: Indicate whether each of the following would
Q151: Identify the section of the statement of
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