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Pharoah Company reported net income od$193,300 for 2022. Pharoah also reported depreciation expense of 547,400 and a loss of $6,300 on the disposal of plant

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Pharoah Company reported net income od$193,300 for 2022. Pharoah also reported depreciation expense of 547,400 and a loss of $6,300 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $16,600 for the year, a $18,600 increase in accounts payable, and a $3,800 Increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022 Use the indirect method. (Show amounts that decrease cash flow with elthera - signes. -15,000 or in parenthesis es (15,000) Pharoah Company Partial Statement of Cash Flows Adjustments to reconcile net income to

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