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Burton Company's current asset and liability balances for the past two years are as follows.  Net income for the year was $120,000 and depreciation expense was $15,000.

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Prior year

Current year

Accounts receivable	$  80,000	$  65,000
Inventory	130,000	140,000
Accounts payable	45,000	40,000
Accrued liabilities	12,000	15,000

Required:

Using the indirect method, prepare the cash flows provided by operating activities section of the statement of cash flows.

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