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Brief Exercise 13-5 The net income for Metz Co. for 2017 was $264,300. For 2017, depreciation on plant assets was $65,600, an

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Statement of Cash Flows
For the Year Ended December 31, 2017
Cash Flows from Operating Activities:
Net income 264300
Adjustments to reconcile net income to
Net cash provided by operating activities
Depreciation expense 65600
Loss on disposal of plant assets 14300
79900
Net cash provided by operating activities 344200
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