Splish Brothers Inc. reported net income of $1.10 million in 2022. Depreciation for the year was $176,000, accounts receivable decreased $385,000, and accounts payable decreased $308,000. Compute net cash provided by operating activities using the indirect approach. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Splish Brothers Inc. Statement of Cash Flows-Indirect Approach choose the accounting period December 31, 2022For the Year Ended December 31, 2022For the Quarter Ended December 31, 2022
select an opening section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Account PayableDecrease in Account ReceivableDepreciation ExpenseIncrease in Account PayableIncrease in Account ReceivableNet Income		$enter a dollar amount
Adjustments to reconcile net income to
select a subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
select an item Decrease in Account PayableDecrease in Account ReceivableDepreciation ExpenseIncrease in Account PayableIncrease in Account ReceivableNet Income	$enter a dollar amount
select an item Decrease in Account PayableDecrease in Account ReceivableDepreciation ExpenseIncrease in Account PayableIncrease in Account ReceivableNet Income	enter a dollar amount
select an item Decrease in Account PayableDecrease in Account ReceivableDepreciation ExpenseIncrease in Account PayableIncrease in Account ReceivableNet Income	enter a dollar amount
		enter a total of the three previous amounts
select a closing section name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		$enter a total amount for this section