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Changes in Current Operating Assets and Labilities Covington Corporation's comparative balance sheet for current assets and Habilities was as follows: Adjust net income of $77,400 for changes in operating assets and liabilities to arrive at net cash flows from operating activities..

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Changes in Current Operating Assets and Labilities Covington Corporation's comparative balance sheet for current assets and Habilities was as follows: Adjust net income of $77,400 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.

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