Flint Corporation reported net income of $$59,750.$ Depreciation expense for the year was $$126,750.$ The company calculates

depreciation expense using the straight$-$line method, with a useful life of $10$ years. Top management would like to switch to a $15-$year

useful life because depreciation expense would be reduced to $$84,500.$ The CEO says, "Increasing the useful life would increase net

income and net cash provided by operating activities."

Provide a comparative analysis showing net income and net cash provided by operating activities $($ignoring other accrual adjustments$)$

under the indirect method using a $10-$year and a $15-$year useful life. $($Ignore income taxes.$)$