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Can someone help the last post was wrong Exercise 23-6 Krauss Company's income statement for the year ended December 31, 2017, contained the following condensed

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image text in transcribedCan someone help the last post was wrong
Exercise 23-6 Krauss Company's income statement for the year ended December 31, 2017, contained the following condensed information. Service revenue $840,000 Operating expenses (exduding depreciation) $624,000 60,000 Depreciation expense Loss on sale of equipment Income before income taxes Income tax expense Net income 26,000 710,000 130,000 40,000 $90,000 Krauss's balance sheet contained the following comparative data at December 31. 2017 2016 Accounts receivable Accounts payable Income taxes payable 37,000 41,000 4,000 $54,000 31,000 8,500 Accounts payable pertains to operating expenses.) CALCULATOR PRINTER VERSION S Prepare the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with eithe 15,000 or in parenthesis e.g. (15,000).) KRAUSS COMPANY Statement of Cash Flows (Partial) dy Adjustments to reconcile net income to

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