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a Exercise 12-3 Windsor, Inc. reported net income of $200,980 for 2017. Windsor, tneaso reported deprecistion expense of $34,880 and loss of $4,630 on the

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a Exercise 12-3 Windsor, Inc. reported net income of $200,980 for 2017. Windsor, tneaso reported deprecistion expense of $34,880 and loss of $4,630 on the disposal of plant assets. The comparative balance sheets show an increase in accounts recelvabie of $14.040 for the year, a $16,780 ncreaseih accounts payable, and 14,390 increase in prepaid expenses Prepare the operating activities section of the statement of cash ows o 2017. Use the indirect method,(Show amounts that decrasecsh fow with thersign a.g. -15,000 or i parenthesis e.g.(15,000) Windsor, In. Adjustments to reconcile net income to Exercise 12-3 Windsor, Inc. reported net income of $200,980 for 2017. Windsor, Inc. also reported depreciation expense of $34,880 and a loss of 94,630 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,040 for the year, a $16,780 increase in accounts payable, and a $4,390 increase in prepaid expenses pare the operating ivities section of the parenthesis e-g.(3S,000).) atement of cash flows for 2011 Use the indirect method. (SHow amounts that decrease cash flow with either. sign eg.-15,000 0

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