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617.5 The current sections of Scoggin Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Scoggin's net income for 2017 was $153,000.

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617.5 The current sections of Scoggin Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Scoggin's net income for 2017 was $153,000. Depreciation expense was $24,000. 2017 2016 770 17 Statement of Cash Flows Current assets Cash Accounts receivable $105,000 110,000 158,000 27,000 $400,000 $99.00 89,90 172,00 22.9 $382,00 Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $ $ 15,000 85,000 $100,000 5.000 92,00 $ 97,000 Instructions Prepare the net cash provided by operating activities section of the com of cash flows for the year ended December 31, 2017, using the indirect method the company's steel

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