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help! no clue where i went wrong! Question 6 of 15 4.44/5 View Policies Show Attompt History Current Attempt in Progress Your answer is partially
help! no clue where i went wrong!
Question 6 of 15 4.44/5 View Policies Show Attompt History Current Attempt in Progress Your answer is partially correct Metlock, Inc reported net income of $ 205,840 for 2022 Metlock, Inc. also reported depreciation expense of 537 750 and a loss of $4,660 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15.940 for the year, a $15.790 increase in accounts payable, and a $4,300 increase in prepaid expenses Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method (Show amounts that decrease cash flow with either a - signes -15,000 or in parenthesis es (15,0001) Metlock, Inc. Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities ty Question 6 of 15 4.44/5 III Cash anh Flows from Operating Activities Martincome 205040 Adjustments to reconcile net income to Net Can Provided by Operating Activities Depreciation Expeme 37750 tous on Disposal of Plant Assets 4660 Increase in Accounts Pavable -159.00 Increase in Accounts Payable 15790 Increase in Prepaid Expenses 4300 ) 2013 Stv Question 6 of 15 > 4.44/5 E Loss on Disposal of Plant Assets 4660 Increase in Accounts Pavable -15940 Increase in Accounts Payable 15790 Increase in Prepaid Expenses 4300 37980 Cash Flows from Doerating Activities $ 243800 eTextbook and Media Save for the Attemptst 1 of 3 used Submit Answer A w Step by Step Solution
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