Exercise 12-5 The current sections of Pharoah Company's balance sheets at December 31, 2018 and 2019, are presented here. Pharoah's net income for 2019 was $150,300. Depreciation expense was $23,900. 2019 2018 $103,300 108,900 157,700 26,900 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $97,000 80,100 172,900 25,600 $375,600 $396,800 $14,000 85,900 $8,100 95,400 $103,500 $99,900 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2019, using the indirect method. (Show amounts that decrease cash flow with either a - signe.g. -15,000 or in parenthesis e.g. (15,000).) Palkidi slalemento di riuws For the Year Ended December 31, 2019 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Cash Flows from Operating Activities V Depreciation Expense $ Increase in Accounts Receivable Decrease in Inventory