ACC/421 Intermediated Accounting 1 Week 5

Hello,

Can you help me resolve the attached problem?

Brief Exercise 5-13 Coronado Company reported 2017 net income of $151,200. During 2017, accounts receivable increased by $14,800 and accounts payable increased by $9,904. Depreciation expense was $48,100. Prepare the cash flows from operating activities section of the statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CORONADO COMPANY Cash Flow Statement $ Adjustments to reconcile net income to $ $