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Exercise 17-5 The current sections of Scoggin Inc. balance sheets at December 31, 2016 and 2017, are presented here. Scoggin's net income for 2017 was

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Exercise 17-5 The current sections of Scoggin Inc. balance sheets at December 31, 2016 and 2017, are presented here. Scoggin's net income for 2017 was $154,300. Depreciation expense was $23,300. 2017 2016 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $104,800 108,300 158.500 26,200 $397,800 $97,300 79,600 171,800 25.000 $373,700 $14,300 54,500 $9.900 95,700 $105,600 $98,800 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2017, using the indirect method. (Show amounts that decrease cash flow with either a sign .g.-15.000 or in parenthesise.g. (15.000).) SCOGGIN INC Partial Statement of Cash Flows SCOGGIN INC. Partial Statement of Cash Flows Adjustments to reconcile net income to

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