Telfer, Inc. reported net income of $2.8 million in 2020. Depreciation for the year was $158,900. accounts receivable decreased $342,500, and accounts payable decreased $255,200. Compute net cash provided by operating activities using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000.) Telfer, Inc. Statement of Cash Flows-Indirect Approach For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Cash Flows from Operating Activities Depreciation Expense Accounts Receivable Increase 2800000 158900 342500 Accounts Payable Decrease (255200) 246200 Cash at End of Period $ 3046200