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12. (3 points) For the following amounts, compu te cash flows from operations using the indirect method. Net income Depreciation expense Accounts receivable increase (decrease)

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12. (3 points) For the following amounts, compu te cash flows from operations using the indirect method. Net income Depreciation expense Accounts receivable increase (decrease) Prepaid expenses increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) $15,000 37,500 20,000 (12,750) 50,000 16,000 (32,800) Cash Flows from Operating Activities (Indirect) Net Income Adjustments to reconcile net income to net cash provided by operations Net cash provided by (used in) operating activities

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