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Ivanhoe Support Inc's current assets and liabilities at December 31, 2021 are as follows: 2021 2020 $20,650 $13,000 Accounts payable Accounts receivable 10,000 14,250 Cash
Ivanhoe Support Inc's current assets and liabilities at December 31, 2021 are as follows: 2021 2020 $20,650 $13,000 Accounts payable Accounts receivable 10,000 14,250 Cash 41,450 22,900 Interest payable 970 2.750 Inventory 11,700 20,250 Prepaid expenses 850 1,250 Salaries payable 3,700 6,350 Taxes payable 3,400 1,060 Ivanhoe Support had profit of $69,500 in 2021. Included in the calculation of profit is depreciation of building and equipment in the amount of $24,000. Prepare the operating section of Ivanhoe Support's cash flow statement for the year ended December 31, 2021, using the indirect method. (Show amounts that decrease cash flow with either a-signeg.-15,000 or in parenthesis e.g. (15,000).) IVANHOE SUPPORT INC. Cash Flow Statement (Partial) $ Adjustments to reconcile profit to
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