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The current sections of Oriole Company's balance sheets at December 31, 2019 and 2020, are presented here. Oriole's net income for 2020 was $150,500 Depreciation

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The current sections of Oriole Company's balance sheets at December 31, 2019 and 2020, are presented here. Oriole's net income for 2020 was $150,500 Depreciation expense was $25,000 2019 2018 Current assets Cash $ 107,500 $97,200 Accounts receivable 108,300 77,200 Inventory 159.000 172.100 Prepaid expenses 26, 200 25.000 Total current assets $401,000 $371.500 Current liabilities $14.400 $8,100 Accrued expenses payable Accounts payable Total current liabilities 85,700 95.900 $100,100 $104.000 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2020, using indirect method. (Show amounts that decrease cash flow with either a signes -15,000 or in parenthesise.s. (15,000)) Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2020, using the indirect method (Show amounts that decrease cash flow with either a signes. -15,000 or in parenthesis eg. (15,000 Oriole Company Partial Statement of Cash Flows For the Month Ended December 31, 2019 Cash Flows from Operating Activities Net Income 150500 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 25000 Increase in Accounts Receivable 31.100 Decrease in Inventory 13.100 Increase in Prepaid Expenses 1200 Increase in Accrued Expenses Payable 6.300 Decrease in Accounts Payable 10.200 1.900 Net Cash Provided by Operating Activities $ 152.400

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