eBook Video Calculator Adjusting Net Income for Changes in Current Assets and Current Liabilities Lloyd Company reported net income of $25,000 for 20-2. The December 31 balances of the current assets and current liabilities are shown below Accounts Receivable Merchandise Inventory Accounts Payable Wages Payable Compute cash provided by operating activities 20-2 20-1 $5,200 $3,000 25,000 30,000 20,000 18,000 7,600 12,000 Next Check My Work 1 more Check My Work uses remaining 8:59R