The current sections of Depeche Mode Co. balance sheets at December 31, 2001 and 2002, are presented as follows.

Depeche Mode's nel income For 2002 was \($163,000\). Depreciation expense was $30,000.
Instructions
Prepare the net cash provided h\ operating activities section oi Depeche Mode's state- menl ol cash Mows leu the yeai ended December 31, 2002, using the indirect method

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DEPECHE MODE CO. Comparative Balance Sheets (partial) December 31 2002 2001 Current assets Cash $105,000 $ 99,000 Accounts receivable 110,000 Inventory 171,000 Prepaid expenses 27,000 89.000 186,000 32,000 Total current assets $413,000 $406,000 Current liabilities Accrued expenses payable $ 15,000 Accounts payable Total current liabilities 85,000 $100,000 $ 5,000 92,000 $ 97,000