The current sections of Grouper Corp's balance sheets at December 31, 2021 and 2022, are presented here. Grouper Corp's net income for 2022 was $260,100. Depreciation expense was $45,900. 2022 2021 Current assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable Total current liabilities $178.500 136,000 285,600 45,900 $646,000 $ 168,300 151,300 292,400 37,400 $649,400 $ 25,500 144,500 $170,000 $ 8,500 156,400 $ 164,900 Prepare the net cash provided (used) by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis eg. (15,000).) Grouper Corp. Partial Statement of lows December 31, 2022 Cash Flows from Operating Activities Net Income 260.100 Adjustments to reconcile net income to $ $ Save for Later Attempts: 0 of 1 used Submit Answer Kingbird, Inc. had the following transactions involving current assets and current liabilities during February 2022. Feb. 3 Collected accounts receivable of $15,800. 7 Purchased equipment for $43,200 cash. Paid $5,400 for a 1-year insurance policy. 14 Paid accounts payable of $12,200. 18 Declared cash dividends $5,800. 11 Additional information: As of February 1, 2022, current assets were $138,300 and current liabilities were $35,800. Compute the current ratio as of the beginning of the month and after each transaction. (Round all answers to 2 decimal places, e.g. 1.83 : 1.) Current ratio as of February 1, 2014 :1 Feb. 3 :1 Feb. 7 :1 Feb. 11 :1 Feb. 14 :1 Feb. 18 :1 Pina Colada Corp. had a balance in the Accounts Receivable account of $812000 at the beginning of the year and a balance of $916000 at the end of the year. Net credit sales during the year amounted to $9763200. The average collection period of the receivables in terms of days was O 5 days. O 32.3 days. O 30.4 days. O 31 days