prepare the operating activities of the statement of cash flows using the indirect method

Incomestatement For the Year Ended November 30, 2022 Sales revenue Cost of goods sold Beginning inventory Purchases Goods available for sale Ending inventory Total cost of goods sold Gross profit Operating expenses Selling expenses Administrative expenses Net income $7,477,800 $1,988,900 4,380,300 6,369,200 1,626,600 446,000 695.700$1.593,5001,141,700 Additional information: 1. Accounts receivable decreased $392,600 during the year, and inventory decreased $362,300. 2. Prepaid expenses increased $168,900 during the year. 3. Accounts payable to suppliers of inventory decreased $337,000 during the year. 4. Accrued expenses payable decreased $102,300 during the year. 5. Administrative expenses include depreciation expense of $106,900. Prepare the operating activities section of the statement of cash flows for the year ended November 30,2022 , for Company. using the indirect method. (Show amounts that decrease cash flow with either a-signe g. 15,000 or in paren Adjustments to reconcile net income to