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P10.1 The following is provided to complete the operating activities section of a statement of cash flows, indirect method. a. Net income for the year

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P10.1 The following is provided to complete the operating activities section of a statement of cash flows, indirect method. a. Net income for the year is $43,900. b. Accounts receivable increased by $10,420. C. Inventory increased by $1,875. . d. Depreciation expense for the year is $8,000. e. Accounts payable decreased by $5,782. f. Other current liabilities increased by $3,500. g. Taxes payable decreased by $1,970

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