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The controller of Bramble Corporation has provided you with the following information: Bramble Corporation Income Statement For the Year Ended December 31, 2023 Net
The controller of Bramble Corporation has provided you with the following information: Bramble Corporation Income Statement For the Year Ended December 31, 2023 Net sales Operating expenses Income from operations $678,900 448,950 229,950 Other revenues and expenses Gain on sale of equipment 32,850 Interest expense 8,760 24,090 Income before income taxes. 254,040 Income taxes 101,620 Net income $152,420 Bramble Corporation Bramble Corporation Comparative Account Information Relating to Operations For the Year Ended December 31, 2023 2023 2022 Accounts receivable $61,320 $43,800 Prepaid insurance 5,475 6,570 Accounts payable 64,605 51.465 Interest payable 657 1,643 Income tax payable 4,599 6,570 Unearned revenue 21,900 15,330 Prepare a statement of cash flows (for operating activities only) for the year ended December 31, 2023 using the indirect method. (Show amounts that decrease cash flow with either a sign eg.-15,000 or in parenthesis eg. (15,000).) Bramble Corporation Partial Statement of Cash Flows For the Year Ended December 31, 2023 Net Cash provided by Operating Activities Bramble Corporation Partial Statement of Cash Flows For the Year Ended December 31, 2023 Net Cash provided by Operating Activities Adjustments:
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