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Oriole, Inc. reported net income of $2.6 million in 2022. Depreciation for the year was $156,500, accounts receivable decreased $336,600, and accounts payable decreased $269,700.
Oriole, Inc. reported net income of $2.6 million in 2022. Depreciation for the year was $156,500, accounts receivable decreased $336,600, and accounts payable decreased $269,700. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Oriole, Inc. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to $ $
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