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Blue Spruce Corp. reported net income of $194,740 for 2022 Blue Spruce Corp. also reported depreciation expense of $36,000 and a loss of $5,020 on

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Blue Spruce Corp. reported net income of $194,740 for 2022 Blue Spruce Corp. also reported depreciation expense of $36,000 and a loss of $5,020 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,650 for the year, a $15,880 increase in accounts payable, and a $4,250 increase in prepaid expenses Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either a signed -15.000 or in parenthesis (15,000).) Blue Spruce Corp Partial Statement of Cash Flows Adjustments to reconcile net income to > >

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