The comparative statement of financial position for Oriole Corporation shows the following noncash current asset and liability accounts at March 31: Oriole's income statement reported the following selected information for the year ended March 31, 2018: net income was $280,000, depreciation expense was $60,000, and a loss on the disposal of land was $11,000. Oriole 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 e.g. 15,000 or in parenthesis e.g. (15,000).) Question 2 of 5 Adjustments to reconcile net income to Cash flows from financing activities Prepaid expenses increase B Cash flows from operating activities ORIOLE CORPORATION 13ii $ $ Columbia Sportswear Company reported cost of goods sold of U.S. \$1,252,680 thousand on its 2015 income statement. It also reported a increase in inventory of U.S. \$88,987 thousand and an increase in accounts payable of U.S. \$2,955 thousand. What amount of cash was paid to suppliers, assuming that the company uses a perpetual inventory system and that accounts payable relate to merchandise creditors? Cash paid to suppliers $ thousand eTextbook and Media Attempts: 0 of 2 used