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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 $231,600. The
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 $231,600. The income statement included depreciation expense, $30,000, amortization expense, $12,000, and a gain on disposal of equipment, $8,400. The equipment was sold for $56,400. Sunland also issued bonds for $72,000. 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).) 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).) Question 8 of 12 0.33/2 Decrease in Inventory $ inventory B eTextbook and Media
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