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page 7 Question 6 (10 Marks) A. Orca Company prepared the tabulation below at December 31, 2014 Net Income Adjustments to reconcile net income to

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page 7 Question 6 (10 Marks) A. Orca Company prepared the tabulation below at December 31, 2014 Net Income Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense, $25,000.. Decrease in accounts receivable, $40,000 Increase in inventory, $12,000 Decrease in accounts payable, $8,600 .. Increase in income taxes payable, $1,500 Loss on disposal of land, $5,000. Net cash provided by operations activities $255,000 Required: Prepare and present the operating section of Orca's statement of cash flows. Use the indirect method.(4 Marks)

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