Use the following income statement and information about selected current assets and current liabilities for Kimberline Industries to calculate the net cash provided or used by operating activities using the indirect method. Increases and decreases of current asset and current liability accounts, all of which relate to operating activities, are as follows:

Question

Use the following income statement and information about selected current assets and current liabilities for Kimberline Industries to calculate the net cash provided or used by operating activities using the indirect method.  Increases and decreases of current asset and current liability accounts, all of which relate to operating activities, are as follows:

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The Answer of Use the following income statement and information about selected current assets and current liabilities for Kimberline Industries to calculate the net cash provided or used by operating activities using the indirect method.  Increases and decreases of current asset and current liability accounts, all of which relate to operating activities, are as follows:

Use the Following Income Statement and Information About Selected Current