Exercise 14 Gutierrez Company reported net income of $104.700 for 2017, Gutierrez sorted depreciation expof$42.700 and a loss of 1,000 on disposal of equipment. The comparative balance sheet shows an decrease in accounts receivable $19.000 for the year 21,900 increase in accounts payable, and a $3,200 decrease in prepaid expenses Prepare the operating activities section of the statement of cash flows for 2017. Use the Indirect method (show onts that decree cash flow with either a sign .. 15,000 or in parenthesis e.o. (15.000).) GUTIERREZ COMPANY Partial Statement of Cash Flows Bart y Adjustments to reconcile net income to PRINTER VERSION BACK NEX Exercise 17-4 Gutierrez Company reported net income of $194,700 for 2017 Gutierrez also reported depreciation expense of $47.700 and a loss of $4,900 on disposal of equipment. The comparative balance sheet shows an decrease in accounts receivable of $19,900 for the year, a $21.900 increase in accounts payable, and a $3,200 decrease in prepaid expenses Prepare the operating activities section of the statement of cash flows for 2017. Use the indirect method. (Show amounts that decrease cash flow with either a-sion 0.15,000 or in parenthesis eg. (15,000).) GUTIERREZ COMPANY Partial Statement of Cash Flows Adustments to reconcile et income to $ 200017020n we ons Inc. Al Rights Reserves of con parenthesis e.g. (15,000).) nework GUTIERREZ COMPANY Partial Statement of Cash Flows Part on) Adjustments to reconcile net income to by. Click if you would like to Show Work for this question: Qren Show Work