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Teal Company reported net income of $189,230 for 2025 . Teal also reported depreciation expense of $38,350 the disposal of plant assets. The comparative balance
Teal Company reported net income of $189,230 for 2025 . Teal also reported depreciation expense of $38,350 the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $14,80 $16,380 increase in accounts payable, and a $4,140 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2025. Use the indirect method. (Shov cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) For the Year Ended December 31, 2025 Cash Flows from Operating Activities $189230 Adjustments to reconcile net income to Net Cash Provided by Operating Activities : Increase in Prepaid Expenses $ Increase in Accounts Receivable Loss on Disposal of Plant Assets 4720 Depreciation Expense 38350 Increase in Accounts Payable 16380 40510 Net Cash Provided by Operating Activities
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