Brief Excercise 12-4.

Splish Brothers Inc. reported net income of $3.3 million in 2017. Depreciation for the year was $161,700, accounts receivable decresed $322,100, and accounts payable decreased $280,800.

Compute net provided by operating activites using the indirect approach.

Brief Exercise 12-4 Splish Brothers Inc. reported net income of $3.3 million in 2017. Depreciation for the year was $161,700, accounts receivable decreased $322,100, and accounts payable decreased $280,800. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,00o)) Splish Brothers Inc Statement of Cash Flows-Indirect Approach Adjustments to reconcle net income to Click if you would like to Show Work for this question: Open Show Work