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Oriole, Inc. reported net income of $2.60 million in 2022. Depreciation for the year was $166,400, accounts receivable decreased $364,000, and accounts payable decreased

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Oriole, Inc. reported net income of $2.60 million in 2022. Depreciation for the year was $166,400, accounts receivable decreased $364,000, and accounts payable decreased $291,200. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000).) Oriole, Inc. Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2022 Cash at End of Period Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Accounts Receivable Decrease Accounts Payable Decrease Net Cash Provided by Operating Activities 166400 364000. 2600000 2600000

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