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SOURCES ework Exercise 17-5 Your answer is partially correct. Try again. Part bol 2 Study The current sections of Scoggin Inc.'s balance sheets at December

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SOURCES ework Exercise 17-5 Your answer is partially correct. Try again. Part bol 2 Study The current sections of Scoggin Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Scoggin's net income for 2017 was $150,900. Depreciation expense was $23,200. 2017 2016 Current assets Cash $107,500 $98,200 Accounts receivable 108,600 80,700 Inventory 158,300 172,400 Prepaid expenses 26,700 25,200 Total current assets $401,100 $376,500 Current liabilities Accrued expenses payable $16,000 $8,100 Accounts payable 84,300 95,600 Total current liabilities $100,300 $103,700 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year amounts that decrease cash flow with either a sign e.g.-15,000 or in parenthesis e.g. (15,000).) Sche...docx KubasekOBLEssenti..pptx Open file Online Course Sche...docx Total current liabilities $100,300 $103,700 PRINTER VERSION BACK 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. (Show amounts that decrease cash flow with either a sign e.o. - 15,000 or in parenthesis e.o. (15,000).) SCOGGIN INC Partial Statement of Cash Flows December 31, 2017 Cathrows from operating Activities 150.000 Adjustments to reconcile net income to cosa e 0

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