Additional information: 1. Accounts receivable increased $197,600 during the year, and inventory decreased $491,500. 2. Prepaid expenses increased $174,000 during the year. 3. Accounts payable to suppliers of merchandise decreased $332,100 during the year. 4. Accrued expenses payable decreased $106,900 during the year. 5. Operating expenses include depreciation expense of $94,200. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2020, for Whitlock Company, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) WHITLOCK COMPANY Partial Statement of Cash Flows For the Year Ended November 30, 2020 Cash Flows from Operating Activities Net Income $ 1651800 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Decrease in Inventory 491500 Increase in Accounts Receivable 197600 Increase in Prepaid Expenses 174000 Decrease in Accounts Payable 332100 Decrease in Accrued Expenses Payable 106900 Depreciation Expense 94200 Net Cash Used by Operating Activities