Telfer, Inc. reported net income of $2.3 million in 2020. Depreciation for the year was $157,100, accounts receivable decreased $329,900, and accounts payable decreased $302,000. Compute net cash provided by operating activities 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).) Telfer, Inc. Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2020 A Cash Flows from Operating Activities Net Income 1600000 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Accounts Receivable Decrease 329900 Accounts Payable Decrease Depreciation Expense 157100 Net Cash Provided by Operating Activities