BONITA COMPANY Income Statement For the Year Ended December 31, 2022 Service revenue Operating expenses, excluding depreciation Depreciation expense Loss on disposal of plant assets Income before income taxes Income tax expense Net income $624.600 54.900 $969.400 703.900 285.500 40.800 5224.700

Prepare the operating activities section of the statement of cash flows using the direct meth with either a-sign eg- 15,000 or in parenthesis eg (15,000).) Bonita's balance sheets contained the comparative data at Accounts payable pertain to operating expenses