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The current sections of Oriole Rentals balance sheets at December 31, 2021, and 2020, are presented here Oriole' profit for 2021 was $162,180. Depreciation expense
The current sections of Oriole Rentals balance sheets at December 31, 2021, and 2020, are presented here Oriole' profit for 2021 was $162,180. Depreciation expense was $25,440. 2021 2020 Current assets Cash $111,300 $104.940 Accounts receivable 116,600 94,340 Inventory 167,480 182,320 Prepaid expenses 28,620 23,320 Total current assets $424,000 $404.920 Current liabilities Accrued expenses payable $15,900 $5,300 Accounts payable 90.100 97.520 Total current liabilities $106.000 $102.820 Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2021, using the indirect method. (Show amounts that decrease cash flow with either a - signe.g.-15,000 or in parenthesis eg. (15,000).) ORIOLE RENTALS Cash Flow Statement (Partial) Year Ended December 31, 2021 $ Adjustments to reconcile profit to $ Save for Later Attempts: 0 of 1 used Submit
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