S statement or cas Tows for the year ended December 31. (Amounts to be deducted snouia...

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S statement or cas Tows for the year ended December 31. (Amounts to be deducted snouia pe indicated with a minus s Selected Annual Income Statement Data Net income Depreciation expense Gain on sale of machinery $475,000 Selected Year-End Balance Sheet Data Accounts receivable increase $51,600 99,500 Prepaid expenses decrease 17,700 20,600 Accounts payable increase 8,800 Wages payable decrease 2,800 Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities 0 $ 0 + S statement or cas Tows for the year ended December 31. (Amounts to be deducted snouia pe indicated with a minus s Selected Annual Income Statement Data Net income Depreciation expense Gain on sale of machinery $475,000 Selected Year-End Balance Sheet Data Accounts receivable increase $51,600 99,500 Prepaid expenses decrease 17,700 20,600 Accounts payable increase 8,800 Wages payable decrease 2,800 Cash flows from operating activities Adjustments to reconcile net income to operating cash flow Income statement items not affecting cash Changes in current operating assets and liabilities 0 $ 0 +