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A selection of the accounting records from Sharp Company is provided below for the year ended December 31, 2023. Balance Sheet (partial) Cash Accounts
A selection of the accounting records from Sharp Company is provided below for the year ended December 31, 2023. Balance Sheet (partial) Cash Accounts Receivable Inventory Prepaid Insurance Accounts Payable Interest Payable Income Statement (partial) Net Income Depreciation Expense Gain on Sale of Equipment 2022 2023 8,750 10,500 4,000 9,250 3,000 1,900 1,200 2450 2,550 1,450 800 2,350 17,700 2,900 2,050 Prepare a partial Statement of Cash Flows for the Operating Section, using the proforma provided below. Complete all other lines not provided as necessary, including proper formatting. Cash flows from Operating Activities: Net Income Adjustments to net income: Changes in current assets and liabilities:
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