The comparative balance sheets for Montalvo Company show these changes in noncash current asset accounts: accounts receivable decrease $77,900, prepaid expenses increase $29,000, and inventories increase $31,800. Compute net cash provided by operating activities using the indirect method assuming that net income is $227,400. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

The comparative balance sheets for Montalvo Company show these changes in noncash current asset accounts: accounts receivable decrease $77,900, prepaid expenses increase $29,000, and inventories increase $31,800. Compute net cash provided by operating activities using the indirect method assuming that net income is $227,400. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Montalvo Company Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to