Mail - Autumn M Ploof - Outlook X F McGraw Hill Connect X Question 2 - Ch15 HW - Connect X + V X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmi... @ * A Paused Update Apps Scholarships for Jac... Human Resources S.. e Mid-term Grades -... Housing Bb Blackboard Learn Corporate Secretarial potential christmas. @ DNM Properties L.L.. Reading list Ch15 HW Saved Help Save & Exit Submit Check my work 2 Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows-Indirect Method Operating activities: 2 Net income $ 40,300 points Adjustments to convert net income to cash basis: Depreciation $ 20, 600 Increase in accounts receivable (61, 090) (25, 400) eBook Increase in inventory Decrease in prepaid expenses 10,900 Increase in accounts payable 54, 500 Hint Decrease in accrued liabilities (12, 000 Increase in income taxes payable 4, 600 (7,800) Print Net cash provided by (used in) operating activities 32,500 References Investing activities: Proceeds from the sale of equipment 14, 800 Loan to Thomas Company (40,900) Additions to plant and equipment (120, 500) Net cash provided by (used in) investing activities (146, 600) Financing activities: Increase in bonds payable 38, 500 Increase in common stock 38, 200 Cash dividends (28,900) Net cash provided by (used in) financing activities 97 , 800 Net decrease in cash and cash equivalents 16,300) Beginning cash and cash equivalents 27, 100 Ending cash and cash equivalents $ 10, 800 Mc Graw Hill Type here to search O a N 7:23 PM hulu CA 28 31F A 9 8 12/13/2021