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The current sections of Larkspur, Inc's balance sheets at December 31,2016 and 2017, are presented here. Larkspur, Inc.'s net income for 2017 was $163,098. Depreciation

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The current sections of Larkspur, Inc's balance sheets at December 31,2016 and 2017, are presented here. Larkspur, Inc.'s net income for 2017 was $163,098. Depreciation expense was $28,782. 2017 2016 Current assets 111930 $105.534 Cash Accounts receivable 85,280 94,874 Inventory 179,088 183,352 Prepaid expenses 28,782 23,452 Total current assets $405,080 $407,212 Current liabilities Accrued expenses payable $15,990 $5,330 0,610 98,072 Accounts payable Tortl courent lablies $106,600 $ 103,402 pany's statement o, canh non tor the yer ended Decembe 31 2017. ing the inded-hed Prepare the net cash provided lused) by operating activities secton of the CO /Show amounts that decrease cash fow with either a signe-15,000 or in parenthesis e(15,000)) Larkspur, Ine. Partial Statement of Cash Flows Prepare the net cash provided (used) by operating activities section of the company/'s statement of cash flows for the year ended December 31, 2017,using the indirect method. (Show amounts that decrease cash flow with either a-sign 4-15,000 or in parenthesis eg. (15,0001.) Larkspur, Inc. Partial Statement of Cash Flows Adjustments to reconcile net income to

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