Current Attempt in Progress

The income statement of Bramble Corp. is presented here.

Bramble Corp. Income Statement For the Year Ended November 30, 2020
Sales revenue				$7,521,200
Cost of goods sold
Beginning inventory		$1,852,100
Purchases		4,478,700
Goods available for sale		6,330,800
Ending inventory		1,449,300
Total cost of goods sold				4,881,500
Gross profit				2,639,700
Operating expenses				1,145,200
Net income				$1,494,500

Additional information:

1.		Accounts receivable increased $201,800 during the year, and inventory decreased $402,800.
2.		Prepaid expenses increased $173,600 during the year.
3.		Accounts payable to suppliers of merchandise decreased $330,900 during the year.
4.		Accrued expenses payable decreased $106,500 during the year.
5.		Operating expenses include depreciation expense of $80,100.

Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2020, for Bramble Corp., 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).)

Bramble Corp. Partial Statement of Cash Flows CA $ Adjustments to reconcile net income to > > $