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please help Sunland Company reported net income of $230,300 for 2022 . Sunland sold equipment that cost $94,000 and had a book value of $56,400
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Sunland Company reported net income of $230,300 for 2022 . Sunland sold equipment that cost $94,000 and had a book value of $56,400 for $48,880. The comparative balance sheet show5 a decrease in accounts receivable of $17,860 for the year,a $12,220 increase in accounts payable, a $3,760 increase in prepaid expenses, and a $15,980 increase in accumulated depreciation. Prepare the operating activities section of the statement of cash flows for 2022 . Use the indirect method, (Show omounts that decrease cash flow with either a - sign e.g. - 15,000 or in parenthesis e. g. (15,000). SUNLAND COMPANY Statement of Cash Flows (Partial) $ Adjustments to recoricile net income to Step by Step Solution
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