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I am missing something while doing the State of Cash Flow Can anyone help me understand what I am doing wrong? Overview: You just began

I am missing something while doing the State of Cash Flow Can anyone help me understand what I am doing wrong?

Overview: You just began a position as a financial accountant at Peyton Approved. In this role, your first task is to prepare the companys financials for the year-end audit. Additionally, the company is interested in expanding its business within the next year. They would like your support in assessing their ability to meet their goals. Refer to the data below and use the Final Project Workbook that includes the income statement, balance sheet, retained earnings statement and cash flow statement to complete the final project and associated milestones.

Peyton Approved
Statement of cash Flow
For Year Ended 12/31/2017
Net Income $ 175,301.18
Depreciation Expense 677.86
175,979.04
Increase in Accounts Receivable (25,886.91)
Increase in Baking Supplies (8,187.84)
Increase in Merchandise inventory (3,618.10)
Increase in Prepaid Rent (449.55)
Increase in Prepaid Insurance (1,004.55)
Increase in Misc. Supplies (114.99)
Increase in Accounts Payable 6,467.11
Increase in Wages Payable 1,850.48
Increase in Interest Payable 44.96

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