Cullumber Company reported net income of $$2$ million in $2022.$ Depreciation for the year was $$155,000,$ accounts receivable

decreased $$325,000,$ and accounts payable decreased $$250,000.$

Compute net cash provided by operating activities using the indirect approach. $($Show amounts that decrease cash flow with either a $-$ sign

e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

Cullumber Company

Statement of Cash Flows$-$Indirect Approach

V

V

V

$

Adjustments to reconcile net income to

V

V

$

V

V

V

$Cullumber Company reported net income of $$2$ million in $2022.$ Depreciation for the year was $$155,000,$ accounts receivable

decreased $$325,000,$ and accounts payable decreased $$250,000.$

Compute net cash provided by operating activities using the indirect approach. $($Show amounts that decrease cash flow with either $a-$ sign

e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

Cullumber Company

Statement of Cash Flows$-$Indirect Approach

$

Adjustments to reconcile net income to

$\frac{\text{\$}}{?}\frac{|}{\text{\$}}$