Exercise 17-04 Gutierrez Company reported net income of $194,500 for 2020. Gutierrez also reported depreciation expense of $47,500 and a loss of $6,200 on the disposal of plant assets. The comparative balance sheet shows a decrease in accounts receivable of $18,200 for the year, a $20,200 increase in accounts payable, and a $5,000 decrease in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2020. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.. (15,000). GUTIERREZ COMPANY Partial Statement of Cash Flows $ Adjustments to reconcile net income to > A >