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Oriole Supplies Inc.'s current assets and liabilities at December 31, 2021 are as follows: Accounts payable Accounts receivable Cash Interest payable Inventory Prepaid expenses Salaries
Oriole Supplies Inc.'s current assets and liabilities at December 31, 2021 are as follows: Accounts payable Accounts receivable Cash Interest payable Inventory Prepaid expenses Salaries payable Taxes payable 2021 $10,000 20,900 31,700 4,150 6,100 2,080 3,200 710 2020 $13,900 13,600 6,600 2,850 10,900 3,300 5,400 3,950 Oriole Supplies had profit of $85,100 in 2021. Included in the calculation of profit is depreciation of building and equipment in the amount of $46,600 and amortization of a patent in the amount of $2,600. Prepare the operating section of Oriole Supplies' cash flow statement for the year ended December 31, 2021, 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 SUPPLIES INC. Cash Flow Statement (Partial) $ Adjustments to reconcile profit to V $ $ $
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