Flounder Corp. Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities x Net Income 246750 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense A5 41850 Decrease in Accounts Receivable 13950 Increase in Prepaid Expenses (7750) x Increase in Accrued Expenses Payable (15500) Decrease in Accounts Payable 10850 246750 Net Cash Provided by Operating Activities 483900 Click if you would by operating activities under the indirect method), investing activity, financing activity, or significant noncash investing and financing activity. (a) Exchange of land for patent. Noncash Investing and Financing Activity v 2 (b) Sale of building at book value. (c) Payment of dividends. (d) Depreciation. Noncash Investing and Financing Activity (e) Conversion of bonds into common stock. Noncash Investing and Financing Activity () Issuance of capital stock. (9) Amortization of patent. (h) Issuance of bonds for land. > (1) Purchase of land. 0) Loss on disposal of plant assets. > (k) Retirement of bonds.