Splish Brothers Company reported net income of $370,000 for the current year. Depreciation recorded on buildings and equipment amounted to $78,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $23,000 $17,500 Accounts receivable 30,000 40,000 Inventory 55,500 68,500 Accounts payable 10,100 17,700 Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a sign eg.-15,000 or in parenthesis e.g. (15,000).) SPLISH BROTHERS COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to Accounts receivable 30,000 40,000 Inventory 55,500 68,500 Accounts payable 10,100 17,700 Prepare the cash flows from the operating activities section of the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) SPLISH BROTHERS COMPANY Partial Statement of Cash Flows Adjustments to reconcile net income to $