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Current Attempt in Progress The current sections of Martinez Corp.'s balance sheets at December 31, 2021 and 2022, are presented here. Martinez Corp.'s net income
Current Attempt in Progress The current sections of Martinez Corp.'s balance sheets at December 31, 2021 and 2022, are presented here. Martinez Corp.'s net income for 2022 was $145,350. Depreciation expense was $25,650. Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities 2022 $99,750 76,000 159,600 25,650 $361,000 $ 14,250 80,750 $95,000 2021 $ 94,050 84,550 163,400 20,900 $362,900 $4,750 87,400 $92,150 Prepare the net cash provided (used) by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, 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).) Martinon
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