question 5 ot yet nswered Marked out of 0.00 Flag question Doctor Company prepared the tabulation below at December 31, 2017. Net Income.......... $307,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense, $32,000........ Decrease in accounts receivable, $50,000..... Increase in inventory, $12,000................. Decrease in accounts payable, $8,600............ Increase in income taxes payable, $1,500......... Loss on sale of land, $5,000........... Net cash provided (used) by operating activities............. Instructions Show how each item should be reported in the statement of cash flows. Use parentheses for deductions. Qu 10 Finis Time

Doctor Company prepared the tabulation below at December 31, 2017. Net income. $307,000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense, $32,000 Decrease in accounts receivable, $50,000.. Increase in inventory, $12,000. Decrease in accounts payable, $8,600. Increase in income taxes payable, $1,500 Loss on sale of land, $5,000 Net cash provided (used) by operating activities. Instructions Show how each item should be reported in the statement of cash flows. Use parentheses for deductions