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The current sections of Sunland Inc's balance sheets at December 31, 2021 and 2022, are presented here. Sunland's net income for 2022 was $154,100. Depreciation
The current sections of Sunland Inc's balance sheets at December 31, 2021 and 2022, are presented here. Sunland's net income for 2022 was $154,100. Depreciation expense was $23,100. Prepare the net cash provided by operating activities section of the company's statement of cash flows for the year ended December 31, 2022, 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).) SUNLAND INC. Statement of Cash Flows (Partial) - Indirect Method For the Year Ended December 31, 2022 Adjustments to reconcile net income to $ $ Depreciation Expense Decrease in Prepaid Expenses Increase in Accrued Expenses Payable Net Income Increase in Prepaid Expenses Decrease in Inventory Decrease in Accounts Payable Increase in Accounts Receivable Increase in Inventory Increase in Accounts Payable Decrease in Accounts Receivable Decrease in Accrued Expenses Payable Attempts: 0 of 3 used Submit
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