Operating Cash Flows During the year, Hepworth Company earned a net income of $52,466. Beginning and ending balances for the year for selected accounts are as follows: Account Beginning Ending Cash $91,800 $107,610 Accounts receivable 57,375 84,788 Inventory 30,600 44,625 Prepaid expenses 22,950 25,500 Accumulated depreciation 68,850 77,775 Accounts payable 38,250 46,856 Wages payable 22,950 12,750 There were no financing or investing activities for the year. The above balances reflect all of the adjustments needed to adjust net income to operating cash flows. Required: Hide 1. Prepare a schedule of operating cash flows using the indirect method. Use a minus sign to indicate a cash outflow or a negative adjustment amount. Hepworth Company Schedule of Operating Cash Flows Cash flows from operating activities: Net income $ 52466 Add (deduct) adjusting items: Increase in accounts receivable -27413 Increase in inventory -14025 Increase in prepaid expenses -2550 Increase in accounts payable 8606 Decrease in wages payable -10200 Depreciation expense 8925 Net cash from operating activities $ 15809 Hide Feedback Correct Check My Work Feedback 1. See Cornerstone 15-3. Learning Objective 2. 2. Suppose that all the data used in Requirement 1 except that the ending accounts payable and cash balances are not known. Assume also that you know that the operating cash flow for the year was $20,475. What is the ending