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The compara liability accounts at March 31: tive statement of financial position for Carla Vista Corporation shows the following noncash current asset and 2018 2017

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The compara liability accounts at March 31: tive statement of financial position for Carla Vista Corporation shows the following noncash current asset and 2018 2017 Accounts receivable $67,000 $47,000 Inventory Accounts payable27,000 48,000 Dividends payable1,1002,100 73,000 62,000 Carla Vista's income statement reported the following selected information for the year ended March 31,2018: net income w $270,000, depreciation expense was $68,000, and a loss on the disposal of land was $11,000.Carla Vista uses a perpetual inventory system. Calculate net cash provided (used) by operating activities using the indirect method. (Show amounts that decrease cash flow with either a -sign eg.-15,000 or in parenthesis eg. (15,000).) CARLA VISTA CORPORATION Statement of Cash Flows (Partial)-Indirect Method CARLA VISTA CORPORATION Statement of Cash Flows (Partial)-Indirect Method Operating activities Adjustments to reconcile net income to

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