Lily Company reported net income of $193,100 for 2022. Lily also reported depreciation expense of $45,100 and a loss of $6,300 on the disposal of plant assets. The comparative balance sheet shows an increase in accounts receivable of $19,600 for the year, a $21,600 increase in accounts payable, and a $3,400 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 e.g. -15,000 or in parenthesis e.g. (15,000).) LILY COMPANY Statement of Cash Flows (Partial) - Indirect Method Adjustments to reconcile net income to $ V V V eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer_... . _.... \"nu"... . . -9. _..... The current sections of Waterway |nc.'s balance sheets at December 31. 2021 and 2022, are presented here. Waterway's net income for 2022 was $151,500. Depreciation expense was $23,000. 2022 2021 Current assets Cash $100,900 $97,800 Accounts receivable 69.000 ?8,300 Inventory 167,400 123,000 Prepaid expenses 2?.000 21,300 Total current assets $364,300 $3?0,400 Current liabilities Accrued expenses payable $15,700 $6,000 Accounts payable 84.?00 92,000 Total current liabilities $100,400 $98,000 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 3 1. 2022, using the indirect method. (Showamounts that decrease cash ow with either a - sign 8.3. -15,000 or in parenthesis 8.3. (15,0001) WATERWAY INC. Statement of Cash Flows {Partial} Indirect Method Adjustments to reconcile net income to eTextbook and Media