Manuel, Inc. reported net income of $1.6 million in 2014. Depreciation for the year was $158,170, accounts receivable decreased $356,700, and accounts payable decreased $281,710. Compute net cash provided by operating activities using the indirect approach.

Manuel, Inc. reported net income of $1.6 million in 2014. Depreciation for the year was $158,170, accounts receivable decreased $356,700, and accounts payable decreased $281,710 Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).) Manuel, Inc. Statement of Cash Flows-Indirect Approach For the Year 2014 Cash Flows from Operating Activities Net Income 1600000 Adj Adjustments to reconcile net income to Net Cash Provided by Operating Activities Decrease in Account Receivable 356700 Decrease in Account Payable (74990) Depreciation Expense 158170 233160 Net Cash Provided by Operating Activities 1833160