The current sections of Pina Colada Corp.s balance sheets at December 31, 2016 and 2017, are presented here. Pina Colada Corp.s net income for 2017 was $167,535. Depreciation expense was $29,565.

Exercise 12-4 The current sections of Pina Colada Corp.'s balance sheets at December 31, 2016 and 2017, are presented here. Pina Colada Corp.'s net income for 2017 was $167,535. Depreciation expense was $29,565 2017 2016 Current assets Cash Accounts receivable Inventory Prepaid expenses $114,975 87,600 183,960 29,565 $108,405 97,455 188,340 24,090 $418,290 $416,1001 Total current assets Current liabilities Accrued expenses payable Accounts payable $16,425 93,075 $109,500 $ 5,475 100,740 106,215 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).)