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Assuming GameStops Net Income for the year is $1,575,000, use the information below to create the operating section of the statement of cash flows. (Use

Assuming GameStops Net Income for the year is $1,575,000, use the information below to create the operating section of the statement of cash flows. (Use parenthesis to indicate an amount to be subtracted)

Increase in Salaries Payable

$23,074

Depreciation Expense

$16,230

Increase in Prepaid Rent

$52,120

Loss on sale of asset

$7,091

Decrease in Accounts Payable

$12,334

Increase in Inventory

$76,603

Net Income
Adjustments:

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