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Cullumber Support Inc's current assets and liabilities at December 31, 2021 are as follows: 2021 Accounts payable Accounts receivable $20,500 9,900 41,300 920 Cash Interest
Cullumber Support Inc's current assets and liabilities at December 31, 2021 are as follows: 2021 Accounts payable Accounts receivable $20,500 9,900 41,300 920 Cash Interest payable Inventory Prepaid expenses Salaries payable Taxes payable 2020 $12,900 14,100 22,800 2,650 20,100 1,200 6,200 1,050 11,600 820 3,600 3,250 Cullumber port had profit of $69,400 in 2021. Included in the calculation of profit is depreciation of building and equipment in the amount of $23,900. Prepare the operating section of Cullumber Support's cash flow statement for the year ended December 31, 2021, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CULLUMBER SUPPORT INC. Cash Flow Statement (Partial) Year Ended December 31, 2021
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