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Brief Exercise 12-4 Your answer is partially correct. Try again. Bramble Corp. reported net income of $1.6 million in 2017. Depreciation for the year was

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Brief Exercise 12-4 Your answer is partially correct. Try again. Bramble Corp. reported net income of $1.6 million in 2017. Depreciation for the year was $159,400, accounts receivable decreased $379,400, and accounts payable decreased $304,100. 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. (15,000).) Bramble Corp. Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2017 Cash Flows from Operating Activities O Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities - Decrease in Account Receivable Decrease in Account Payable Depreciation Expense Net Cash Provided by Operating Activities

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