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Problem 13-3A The income statement of Whitlock Company is presented here. WHITLOCK COMPANY Income Statement For the Year Ended November 30,2017R $7,502,400 Sales revenue Cost

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Problem 13-3A The income statement of Whitlock Company is presented here. WHITLOCK COMPANY Income Statement For the Year Ended November 30,2017R $7,502,400 Sales revenue Cost of goods sold Beginning inventory Purchases Goods available for sale Ending inventory $1,981,800 4,310,200 6,292,000 1,391,000 Total cost of goods sold Gross profit 4,901,000 2,601,400 1,161,300 $1,440,100 Operating expenses Net income Additional information: Accounts receivable increased S 192,600 during the year, and inventory decreased $590,800. Accounts payable to suppliers of merchandise decreased $341,000 during the year. 4. Accrued expenses payable decreased $109,800 during the year. s. Operating expenses include depreciation expense of $90,900. of the statement of cash flows for the year ended November 30, 2017, for Whitlock Company, using the indi Prepare the operating activities se that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15

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