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Brief Exercise 12-6 The comparative balance sheets for Sunland Company show these changes in noncash current asset accounts: accounts receivable decrease $75,000, prepaid expenses increase

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Brief Exercise 12-6 The comparative balance sheets for Sunland Company show these changes in noncash current asset accounts: accounts receivable decrease $75,000, prepaid expenses increase $27,900, and inventories increase $31,200. Compute net cash provided by operating activities using the indirect method assuming that net income is $238,000. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Sunland Company Statement of Cash Flows-Indirect Method TA Adjustments to reconcile net income to Click if you would like to Show Work for this question: Open Show Work

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