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QUESTION

Prepare a balance sheet at December 31, 2016. Prepare the statement of cash flows using the direct method. (Enter any deductions and cash outflows...

a.Prepare a balance sheet at December 31, 2016.

b.Prepare the statement of cash flows using the direct method. (Enter any deductions and cash outflows as a negative value.)

I don't think my answers are correct. Please help correct them. See attached

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