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complete all parts using excel U operating activities section--indirect method P12.3A (LO2), AP The income statement of Mungun Company is presented here Excel Munsun Company

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complete all parts using excel
U operating activities section--indirect method P12.3A (LO2), AP The income statement of Mungun Company is presented here Excel Munsun Company Income Statement For the Year Ended November 30, 2022 Sales revenue $7,500,000 Cost of goods sold Beginning inventory S1.900.000 Purchases 4,400,000 Goods available for sale 6,300,000 Ending inventory 1,600,000 Total cost of goods sold 4,700,000 Gross profit 2,900,000 Operating expenses Selling expenses 450,000 Administrative expenses 700,000 1.150,000 Net income $1.750,000 Additional information: 1. Accounts receivable decreased $180,000 during the year, and inventory decreased 500.000 2. Prepaid expenses increased $150,000 during the year. 3 Accounts payable to suppliers of merchandise decreased $350,000 during the year 4. Accrued expenses payable decreased S100,000 during the year, Instructions Prepare the operating activities section of the 2022, for Munsun Company, using the indirect method. of the statement of cash Rows for the year ended November 30, Net cash provided $1,940,000

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