Question $3$ of $10$

Waterway, Inc. reported net income of $$2\mathrm{.}55$ million in $2022.$ Depreciation for the year was $$163,200,$ accounts receivable decreased $$357,000,$ and accounts payable decreased $$285,600.$

Compute net cash provided by operating activities using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign eg$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

Waterway, Inc.

Statement of Cash Flows$-$Indirect Approach

$

Adjustments to reconcile net income to

$