I have now submitted this question 4 times without the correct answer/ any answer. Every time, the expenses and liabilities have not added up to 355,000!! Please do it right, I beg of you. Please help me to understand this concept!

** THERE IS A TYPO: When it says "3. Accounts payable to merchandise suppliers increased %50,000 during the year." it is supposed to say "3. Accounts payable to merchandise suppliers increased $50,000 during the year." *** I hope that helps!

Thank you!

Prob 12-3B \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{|c|}{EichomCompanyIncomeStatementFortheYearEndedDec31,2022} \\ \hline Sales Revenue & & 5,400,000 \\ \hline Cost of Goods Sold: & & \\ \hline Beginning Inventory & 1,780,000 & \\ \hline Purchases & 3,430,000 & \\ \hline Goods Available for Sale & 5,210,000 & \\ \hline Ending Inventory & 1,900,000 & \\ \hline Total Cost of Goods Sold & & 3,310,000 \\ \hline Gross Profit & & 2,090,000 \\ \hline Operating Expenses: & & \\ \hline Depreciation Expense & 105,000 & \\ \hline Amortization Expense & 20,000 & \\ \hline Other Expenses & 945,000 & 1,070,000 \\ \hline Net Income & & 1,020,000 \\ \hline \end{tabular} Additional information: 1. Accts Recble decreased $320,000 during the year, and Inventory increased $120,000. 2. Prepaid expenses increased $175,000 during the year. 3. Accounts payable to merchandise suppliers increased %50,000 during the year. 4. Accrued expenses payable increased $155,000 during the year. Instructions: Prepare the operating activities section of the statement of cash flows for the year ended Dec 31, 2022 for Eichorn Company using the indirect method. Eichorn Corp. Statement of Cash Flows (partial) For the Year Ended December 31, 2022 Cash flows from operating activities Net Income Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense Amortization expense Decrease in accounts receivable Increase in inventory Increase in prepaid expenses Increase in accounts payable Increase in accrued expenses payable Net cash provided by operating activities