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i have everything correct. Just dont understand what to do on the last part 2 Your answer is partially correct Crane Company reported net income
i have everything correct. Just dont understand what to do on the last part
2 Your answer is partially correct Crane Company reported net income of $190,400 for 2022. Crane also reported depreciation expense of $41,900 and a loss of $4,600 on the disposal of plant assets. The comparative balance sheets show an increase in accounts recelvable of 514400 for the year, a $16,400 increase in accounts payable, and a $4,100 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 - sign es, 15,000 or in parenthesis es (15,000) ) Cash Flows from Operating Activities Net income $190,400 Adjustments to reconcile net income to Cash Flows from Investing Activities Depreciation Expense $41,900 Loss on Disposal of Plant Assets 4,600 Increase in Accounts Receivable Increase in Accounts Payable \begin{tabular}{|c|} \hline 16,400 \\ \hline \end{tabular} Increase in Prepaid Expenses Net Cash Provided by Operating Activities Step by Step Solution
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