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Monty Company's income statement for the year ended December 31,2020 , contained the following condensed information. Monty s balance sheet contained the following comparative data

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Monty Company's income statement for the year ended December 31,2020 , contained the following condensed information. Monty s balance sheet contained the following comparative data at December 31 . (Accounts payable pertains to operating expenses) Prepare the ogerating activities sextion of the statement of cash flows using the indirect method, (Show amounts that decrease cosh flow with either a - signeg - 15,000 or in parenthesis eg (15,000)] Adjustments to reconcile net income to 5

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