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Cheyenne Corp. reported net income of $2.8 million in 2022. Depreciation for the year was $163,900, accounts receivable decreased $338,000, and accounts payable decreased
Cheyenne Corp. reported net income of $2.8 million in 2022. Depreciation for the year was $163,900, accounts receivable decreased $338,000, and accounts payable decreased $305,700. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis eg. (15,000).) Cheyenne Corp. Statement of Cash Flows-Indirect Approach For the Month Ended 2022 > Adjustments to reconcile net income to > > > A LA $ $
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