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The current sections of Marin Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Marin Inc.'s net income for 2017 was $160,803.
The current sections of Marin Inc.'s balance sheets at December 31, 2016 and 2017, are presented here. Marin Inc.'s net income for 2017 was $160,803. Depreciation expense was $28,377 Current assets $110,355 84,080 176,568 28,377 $399,380 $ 104,049 93,539 180,772 23,122 5401,482 Cash Accounts receivable Prepaid expenses Total current assets Current liabilities Accrued expenses payable Accounts payable 15,765 89,335 $105,100 $5,255 96,692 $ 101,947 Total current liabilities 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 e.g. -15,000 or in parenthesis e.g. (15,000).) Marin Inc Partial of Cash Flows For the Year Ended December 31, 201 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities ? Depreciation Expense Increase in Accrued Expenses Payable Decrease in Inventory Increase in Prepaid Expenses Increase in Accrued Expenses Payable Decrease in Accounts Payable Net Cash Pravided by Operating Activities
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