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can somone check to make sure my work is correct P12.3A Prepare the operating activities section-indirect method The income statement of Munsun Company is presented

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P12.3A Prepare the operating activities section-indirect method The income statement of Munsun Company is presented here. MUNSUN COMPANY Income Statement For the Year Ended November 30, 2022 Additional information: Accounts receivable decreased $380,000 during the year, and inventory decreased $300,000. Prepaid expenses increased $150,000 during the year. Accounts payable to suppliers of merchandise decreased $350,000 during the year. Accrued expenses payable decreased $100,000 during the year. Administrative expenses include depreciation expense of $110,000. Instructions Prepare the operating activities section of the statement of cash flows for the year ended November 30 . 2022, for Munsun Company, using the indirect method. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . MUNSUN COMPANY Partial Statement of Cash Flows For the Year Ended November 30, 2022 Cash flows from operating activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense Decrease in accounts receivable Decrease in inventory Increase in prepaid expenses Decrease in accounts payable Decrease in accrued expenses payable Net cash provided by operating activities After you have completed P12.3A, consider the additional question. 1. Assume that depreciation expense, accounts receivable and accounts payable changed to $98,000,$320,000 and $300,000. Show the impact of these changes on the operating section of the statement of cash flows

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