Pharoah Company reported net income of $205,840 for 2025. Pharoah also reported depreciation expense of $37,750 and a loss of $4,660 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,940 for the year, a $15,790 increase in accounts payable, and a $4,300 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2025. Use the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to 2 W S F2 X SEP 5 H command #3 20 E F3 PHAROAH COMPANY Statement of Cash Flows (Partial) - Indirect Method D $ 4 100 F4 R F P % 5 V F5 T G

Statement of Cash Flows (Partial) - Indirect Method $ Adjustments to reconcile net income to $ Pharoah Company reported net income of $2,05,840 for 2025 . Pharoah also reported depreciation expense of $37,750 and a loss of $4,660 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $15,940 for the year, a $15,790 increase in accounts psyable, and a $4,300 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2025. Use the indirect method. (Show amounts that decrease cash flow with ether a - signeg- 15,000 or in porenthesis es. (15,000) )