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Current Attempt in Progress Your answer is partially correct. The current sections of Riverbed Corp's balance sheets at December 31, 2021 and 2022, are presented
Current Attempt in Progress Your answer is partially correct. The current sections of Riverbed Corp's balance sheets at December 31, 2021 and 2022, are presented here. Riverbed Corp's net income for 2022 was $355,600. Depreciation expense was $58,800. 2022 2021 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $86,800 119,000 109,200 23,800 $338,800 $ 124,600 96,600 86,800 26,600 $334,600 $ 8,400 123,200 $131,600 $ 22,400 100,800 $ 123,200 Prepare the net cash provided 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-signeg.-15,000 or in parenthesis eg. (15,000). Riverbed Corp Partial Statement of Cash Flows For the Year Ended December 31, 2022 355600 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash used by Investing Activities Increase in Accounts Receivable 22400 Increase in Inventory 22400 Decrease in Prepaid Expenses 2800 Increase in Accrued Expenses Payable 14000 Increase in Accounts Payable 22400 Depreciation Expense 58800 Net Cash Provided by Operating Activities $ e Textbook and Media Save for Later Attempts: 2 of 15 used Submit
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