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Concord Company reported net income of $196,600 for 2022. Concord also reported depreciation experise of $43,700 and a loss of $4,900 on the disposal of
Concord Company reported net income of $196,600 for 2022. Concord also reported depreciation experise of $43,700 and a loss of $4,900 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $11,600 for the year, a $13,600 increase in accounts payable, and a $3,000 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either a sign es 15,000 or in parenthesis es. (15,000)) Adjustments to reconcile net income to Cash Flows from Operating Activities Net Income 5 \begin{tabular}{|r|} \hline \\ \hline \\ \hline 43700000 \\ \hline \end{tabular} Losson Disposal of Plant Assets 11600 Irxcease in Accounis Receivable \begin{tabular}{|r|} -11600 \\ \hline 13600 \\ \hline \end{tabular} Increase in Accounts Receivable Increase in Prepaid Expermes
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