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Prepare ection-indirect method. LO 2), AP the operating acivities E12-4 The current sections of Sunn Inc's balance sheets at Dece are presented here. Sunn's $27,000.

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Prepare ection-indirect method. LO 2), AP the operating acivities E12-4 The current sections of Sunn Inc's balance sheets at Dece are presented here. Sunn's $27,000. nn's net income for 2017 was $153,000. Depreciation expense was 2017 2016 Current assets Cash Accounts receivable Inventory Prepaid expenses 80,000 168,000 27,000 $380,000 $105,000 99,000 89,000 172,000 22,000 $382,000 Total current assets Current liabilities Accrued expenses payable $15,000 85,000 5,000 92,000 Accounts payable Total current liabilities $100,000 97,000 Instructions Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2017, using the indirect method

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