The current sections of Larkspur, Inc.'s balance sheets at december 31, 2021 and 2022 are presented here. Larkspur, Inc.'s net income for2022 was $221,850. depreciation expense was $39,150.

Prepare a statement of cash flows using the indirect method

The current sections of Larkspur, Inc.'s balance sheets at December 31, 2021 and 2022, are presented here. Larkspur, Inc's net income for 2022 was $221,850. Depreciation expense was $39,150. Larkspur, Inc. Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities * Depreciation Expense Decrease in Accounts Recelvable Decrease in inventory Increase in Prepaid Expenses Increase in Accrued Expenses Payable : Decrease in Accounts Payable Depreciation Expense $39150 Decrease in Accounts Receivable Decrease in Inventory Increase in Prepaid Expenses Increase in Accrued Expenses Payable 14500 Decrease in Accounts Payable 10150 Net Cash Provided by Operating Activities