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    Dynamic Mattress Statement of cash flows

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    Both 2007 Balance sheet and 2008 Income Statement are attached.

    Table 19.15 on page 512 shows Dynamic Mattress's years end 2007 balance sheet, and table 19.16 on page 512 show its income statement of 2008. Work out the statement of cash flows for 2008. Group these items into sources of cash and uses of cash.

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    Solution Summary

    The solution provides an income statement of 2008.