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QUESTION
How to calculate Depreciation expense for Operating activities for Cash flow statement - without income statement?
How to calculate Depreciation expense for Operating activities for Cash flow statement - without income statement?
Accumulated Depreciation for Year 1 : -14,000
Accumulated Depreciation for Year 2 : -21,500
Therefore change is : - 7500
However Depreciation expense in Cash flow statement is 14,500.
Book value is 1000
Cost of Equipment is 8000
Can someone explain how to get 14,500 without income statement ?
