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Tamarisk Ltd. reported 2022 net income of HK$144,960. During 2022, accounts receivable increased by HK$12,480 and accounts payable increased by HK$9,120. Depreciation expense was

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Tamarisk Ltd. reported 2022 net income of HK$144,960. During 2022, accounts receivable increased by HK$12,480 and accounts payable increased by HK$9,120. Depreciation expense was HK$42,240. Prepare the cash flows from operating activities section of the statement of cash flows (amounts in thousands). (Show amounts that decrease cash flows with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net Income Adjustments to reconcile net income to TAMARISK LTD Cash Flow Statement > HK$ HK$ HK$

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