Telfer, Inc. reported net income of $2.9 million in 2020. Depreciation for the year was $163,800, accounts receivable decreased $370,800, and accounts payable decreased $259,700. 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 Cash Flows from Operating Activities For the Year Ended December 31, 2020 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Accounts Receivable Decrease Accounts Payable Decrease Depreciation Expense Net Cash Provided by Operating Activities 14 163800 370800 (259700) 10 2900000 274900 S 3174900